Idea for DOCS:
- Exhaustion.
- Expecting a gap fill.
- Distribution until Aug 23.
Long 75P Sept 17 7.90 debit
Likely 3.26 R/R in 6 days TF
GLHF
- DPT
- Exhaustion.
- Expecting a gap fill.
- Distribution until Aug 23.
Long 75P Sept 17 7.90 debit
Likely 3.26 R/R in 6 days TF
GLHF
- DPT
Trade closed: stop reached:
The distribution TF was correct, but it rallied through our stop immediately once it was over without hitting the desired PT.
Closed position for 3.80 credit (-52% PNL)
Closed position for 3.80 credit (-52% PNL)