The candle of this week could be the evening doji star. It has a good opportunity on the short position.
Note
the fair value is 57
Note
it seems shooting star candle. we have to wait till the end of this week.
Trade active
It was hanging man candle. my plan for option: 1) Vertical Put: Buy 100 strike/Sell 80 strike/ underlying: 98/ exp:30 APR 2) Vertical Put: Buy 90 strike/Sell 70 strike/ underlying: 90/ exp:21 MAY
It has support on 26-day moving average in 80$ but has resistance on 9-day moving average in 90$
Note
after I see the left-wing of the butterfly I changed my mind:
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.
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.