EMA50 is support line
Consolidation Channel breakout + revisit trendline
Entry 540
stop 500
Target1 590
Target2 660 (Fib# 1.618 extension )
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Consolidation Channel breakout + revisit trendline
Entry 540
stop 500
Target1 590
Target2 660 (Fib# 1.618 extension )
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Trade active:
Option trade:
Buy Jun Call Butterfly C610/655/700 limit 3.2; Delta= 0.02, Theta = 0
No Stop in this option;
C610 Delta= 0.39
min probability 39% to win,
max reward/risk 45:3.2;
Buy Jun Call Butterfly C610/655/700 limit 3.2; Delta= 0.02, Theta = 0
No Stop in this option;
C610 Delta= 0.39
min probability 39% to win,
max reward/risk 45:3.2;
Trade closed manually:
closed 2.78 , small loss