SQ short

New high at Fib Extension 1.27
Reversal candle - shooting star
Estimate: re-test the 170 line. if so, it will form double top.

Short Entry 180
Stop 183
Target 170; reward:risk=3:1
Target 162; reward:risk=6:1

I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.

Trade active:

Option trade: BuytoOpen Oct P172.5/162.5/152.5, limit 1.22; 7 days left
Stop above 183.

Comment:

I began to add some short position to cover my account. This months, News may make the market up and down wild. Yesterday, most of my long positions lost money.
I need to buy some insurance.

Trade closed: stop reached:

close limit 0.65, loss 0.6;