PlanTradePlanMM
Long

XLV prepare to Long, double bottom

AMEX:XLV   SELECT SECTOR SPDR TRUST
Existing condition:
1. Weekly demand zone confirmed
2. 15 min Chart double bottom formed

Buy 75.5 or better price
Stop: 73.5
Target 1: 81.5; risk:reward=1:3
Target 2: 86; risk:reward=1:5

This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.

Sum of my ideas: 1 winner, 1 loser, 4 active, 8 cancelled, 4 pending for condition, 1 analysis only.
Trade closed: target reached: Target1 reached.
I didn't have chance to trade this at the bottom. It is an analysis only.

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