Try to buy historical low
Downtrend Wedge near breakout
RSI Divergence
WR>-80 (my scripts: Williams %R two lines)
Entry 18
Stop 15
Target 28
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Downtrend Wedge near breakout
RSI Divergence
WR>-80 (my scripts: Williams %R two lines)
Entry 18
Stop 15
Target 28
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Trade active:
BuyToOpen (BTO) Sep C20/40 limit 2.85
Delta 0.45
No Stop in this OP trade;
MAX RRR 6:1
Delta 0.45
No Stop in this OP trade;
MAX RRR 6:1
BuyToOpen (BTO) Sep C20/40 limit 2.55, not 2.85