Weekly Falling Wedge , RSI divergence
Entry 7.6
Stop 6
Target 14
Risk management is much more important than a good entry point.
I am not a PRO trader. About 25% of my trades had been stopped quickly.
Bff (Buy for free)
BuyToOpen Jan 2028 C7 limit 1.25 ( delta= 0.76, IMT )
SellToOpen P5 limit 0.60 x2 ( delta= -0.15)
If WU will drop and stay below 5, this strategy is same as limit buy at 5 x200
If assigned, short term trading becomes long term investment.
Buy and hold, at least, collect 10% dividends.
Entry 7.6
Stop 6
Target 14
Risk management is much more important than a good entry point.
I am not a PRO trader. About 25% of my trades had been stopped quickly.
Bff (Buy for free)
BuyToOpen Jan 2028 C7 limit 1.25 ( delta= 0.76, IMT )
SellToOpen P5 limit 0.60 x2 ( delta= -0.15)
If WU will drop and stay below 5, this strategy is same as limit buy at 5 x200
If assigned, short term trading becomes long term investment.
Buy and hold, at least, collect 10% dividends.
Trade active
Bff (Buy for free)BuyToOpen Jan 2028 C7 limit 1.25 ( delta= 0.76, 0.6 In The Money )
SellToOpen P5 limit 0.60 x2 ( delta= -0.15)
Trade closed: stop reached
When price below 6.0, stopped, close all 1.2, total lost 1.25. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.