Long S50M23 @ 921.5 # 4 cons

Updated
Reason: Price reached to previous swing low. Assume the price will rally

With S50M23P975 @ 60.7 as the hedging position.

Initial TP = Ml blue upslope

RR = 4.82 which is > 3x. Green light.

When the price reaches the ML, sell 2 units. Trail the remaining units.
Trade active
Short open S50M23 @ 944.6 # 2
Trade closed manually
Long close S50M23 @ 918.5 # 2
Profit = 52.2 points.
Note
Open short 930 # 1
Open short 940 # 1
Open short 950 # 1
Open short 960 # 1
Chart PatternsTrend AnalysisWave Analysis

Also on:

Related publications

Disclaimer