ABBV to Long, from 67 to 81
Updated
ABBV to Long, from 67 to 81
Existing Condition:
1. 08/16/2019 Weekly demand zone confirmed
2. in 60 min, down trendline break by breakaway Gap (G1)
3. Re-test the Gap, Gap filled.
Entry below 67
Stop: 62.5
Target1: 81; Risk:reward=1:3
Target2: 88; Risk:reward=1:4
If G2 (runway Gap up) breaks the 2nd down trend line. That is a measuring (40-50%) of the trend.
That is another entry point.
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.
In my real trade, I use options. I bought Jun 80 Call, limit 1.46.
If stop: lose about 1.00.
Sum of my ideas:
5 active, 4 winner, 1 loser, 0 pending for condition;
4 analysis only, 8 cancelled;
Existing Condition:
1. 08/16/2019 Weekly demand zone confirmed
2. in 60 min, down trendline break by breakaway Gap (G1)
3. Re-test the Gap, Gap filled.
Entry below 67
Stop: 62.5
Target1: 81; Risk:reward=1:3
Target2: 88; Risk:reward=1:4
If G2 (runway Gap up) breaks the 2nd down trend line. That is a measuring (40-50%) of the trend.
That is another entry point.
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.
In my real trade, I use options. I bought Jun 80 Call, limit 1.46.
If stop: lose about 1.00.
Sum of my ideas:
5 active, 4 winner, 1 loser, 0 pending for condition;
4 analysis only, 8 cancelled;
Trade active
I bought Jun 80 Call, limit 1.46.Trade closed manually
SellToOpen Jun 85 call limit 1.2. Removed the risk.Today, I bought Jun C80/85 with 0.26.
Long term target is 88, let the winner run to fill the spread range.
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