-25 week H&S (multiple shoulders)
-30EMA cross on the weekly chart
-Bol Band contraction on the daily at key level
-Boundary is not clean and has been breached in the past
80 basis points of risk planned likely across two tranches
-30EMA cross on the weekly chart
-Bol Band contraction on the daily at key level
-Boundary is not clean and has been breached in the past
80 basis points of risk planned likely across two tranches
Comment:
Still looking for tighter risk as I want minimum 100 contracts for 40 basis points of risk
Comment:
Stop sell order placed
Trade active:
Order filled @ 16.63. SL @ 17.38
Comment:
200DMA crossed on completion of pattern
Trade closed: stop reached:
Stopped @ 17.18