Hedge with a small call position to a potential right shoulder
I think that it is worth taking a small Call position until the right shoulder (if there is) is formed.
Target 250
Target 250
Trade closed: stop reached
No shoulder!Trade active
Be careful, we all know that a Friday afternoon selloff is likely.Note
Looks like in consolidation range, still some upside before testing this H&S.
Trade closed: target reached
Better be cautious, therefore I close the trade.
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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.