PlanTradePlanMM

GLD to Short, Double top

Short
AMEX:GLD   SPDR Gold Trust
Condition:
1. Supply Zone Confirmed
2. double top in 60m Supply zone
3. Uptrend line break.

Entry below Supply Zone 153
Stop: 156
Target1: 147; risk/reward=1:2
Target2: 140; risk/reward=1:4

This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
Trade active:
In my real trade, I use options.
I bought May P146/140, Market 1.68;
Risk:reward=1:2.5; No stop.
Trade closed manually:
SellToClose Limit 2.12, a small winner.
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