Current in downtrend channel
Possible Reverse H&S.
WR > -80
OBV> OBV34
Entry 5.4
Stop 4.5
Target 15
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.
I created some tradingview scripts to improve my trading entries:
OBV and OBV SMA comparison;
Williams %R two lines;
Possible Reverse H&S.
WR > -80
OBV> OBV34
Entry 5.4
Stop 4.5
Target 15
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.
I created some tradingview scripts to improve my trading entries:
OBV and OBV SMA comparison;
Williams %R two lines;
Trade active:
Buy Nov C7.5/15 Limit 0.75x4
No stop in option ( 0.75 is same as stock stop)
Max RRR 9:1
No stop in option ( 0.75 is same as stock stop)
Max RRR 9:1
Trade active:
Buy 2022 Feb C7.5/12.5 0.4x5