Double bottom, and re-test
Breakaway Gap
Earning 8/26/2022 Estimate 0.56
Entry 61
Stop 56
Target 75
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Breakaway Gap
Earning 8/26/2022 Estimate 0.56
Entry 61
Stop 56
Target 75
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active:
Buy Call Butterfly Sep C30/45/55
Limit 1.70
Stop 56
Limit 1.70
Stop 56
Trade closed: stop reached:
close 0.9, loss 50%.
MRVL: Buy Call Butterfly Sep C65/75/85, limit 1.7