I identified two rising channels developing since August, along side with a smaller one. There was a breakout towards downtrend in the upper channel.
Entry: 142.34
I sold a call credit spread to short the position. Currently, it seems that it is about to break the lower rising channel.
I identified a falling wedge or a downtrend asymmetrical triangle that has been developing since August 2019. After the breakout from the pattern, an entry upon its retracement to the resistance line.
Entry : 279.74
Exit : 280.03
I exited with a loss because I just realized the risk is too big for me at the moment. I sold a call credit spread and the max loss...
A short position. The rising channel was identified and there were possible retracement before another comeback.
The trade was quick upon realization the risk entered was too big for me at the moment.
To have a nice sleep, the trade was exited upon favorable return.
Entry: 50.04
Exit : 51.06
Entered early into the market. Possible downtrend as it break support in the morning. Possible retest and downtrend continuation. Exited upon support break
