tipere445

Hedge with a small call position to a potential right shoulder

tipere445 Updated   
TVC:DJI   Dow Jones Industrial Average Index
I think that it is worth taking a small Call position until the right shoulder (if there is) is formed.
Target 250
Trade closed: stop reached:
No shoulder!
Trade active:
Be careful, we all know that a Friday afternoon selloff is likely.
Comment:
Looks like in consolidation range, still some upside before testing this H&S.
Trade closed: target reached:
Better be cautious, therefore I close the trade.

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