Downtrend wedge near breakout
RSI Divergence
WR Crossed -80
Resistance/Support had been confirmed as support
Entry 31.8
Stop 26
Target 52
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.
RSI Divergence
WR Crossed -80
Resistance/Support had been confirmed as support
Entry 31.8
Stop 26
Target 52
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) 2022 Jan call butterfly C40/65/80 limit 2.56
Delta 0.20
No Stop in this OP trade;
MAX RRR 8:1
Delta 0.20
No Stop in this OP trade;
MAX RRR 8:1
Trade closed manually:
Closed 5.3, big winner.