Weekly Chart. W RSI is <20.
S/R at approx 135/136 Mid BB% also Daily MA100
Looking for Reversal to mean higher.
Taking 135/130 Put Credit Spread.
Also picked up 140 call for Directional Bias Higher.
Sept Exp .
Ideally Exit around RSI 50/70 from W Chart or sooner if in decent Profit. !
Good Luck - Watch your $$$ RISK
S/R at approx 135/136 Mid BB% also Daily MA100
Looking for Reversal to mean higher.
Taking 135/130 Put Credit Spread.
Also picked up 140 call for Directional Bias Higher.
Sept Exp .
Ideally Exit around RSI 50/70 from W Chart or sooner if in decent Profit. !
Good Luck - Watch your $$$ RISK
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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.