WYNN Long, at sideways bottom
Identify Price action:
1. Sideways;
2. Aggressive move;
3. Sudden Reversal;
Current price is at bottom of sideway range.
Entry 73
Stop 67
Target1 90; reward:risk=2.5:1
Target2 106; reward:risk=5:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
1. Sideways;
2. Aggressive move;
3. Sudden Reversal;
Current price is at bottom of sideway range.
Entry 73
Stop 67
Target1 90; reward:risk=2.5:1
Target2 106; reward:risk=5:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Trade active
Option trade: BuytoOpen Butterfly Jan C80/100/120, limit 2.9; Stop 67;
Trade closed: target reached
Close limit 5.9. this is big winner.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.