expecting a big move....given the rush in NASDAQ and DOW, it should be on the upper side....however there is a gap below that needs to be plugged...
alerts to be set on the lower and upper limits of the channel, if channel is broken, a trade can be initiated
another strategy can be to buy an ITM call and put with stoplosses representing the channel limits... additional lots can be added once the call/pput is sold
trade wisely and be quick on booking profits
alerts to be set on the lower and upper limits of the channel, if channel is broken, a trade can be initiated
another strategy can be to buy an ITM call and put with stoplosses representing the channel limits... additional lots can be added once the call/pput is sold
trade wisely and be quick on booking profits
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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.
Related publications
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.