GLD Symmetrical Triangle Break Out
GLD LONG
This is by far my favourite play for next week. Saved the best for the last :wink:. It's bee holdings support very well. Currently on a symmetrical triangle waiting for the break out. It rejected the hammer a few times on the daily and forming bullish doji on the Monthly.
Optimal Entry
A break and hold of 179.5 will be bullish, and a break and hold of 178.75 will be bearish. Though I am bullish on it.
PT1 green resistance
PT2 187
SL red support
Contracts
11/20 175/185c bull spread
or
12/4 180/185c bull spread
This will most likely become a hedge for the elections along with VIX. So I will be holding it still near exp unless SL hits. Stay green!
This is by far my favourite play for next week. Saved the best for the last :wink:. It's bee holdings support very well. Currently on a symmetrical triangle waiting for the break out. It rejected the hammer a few times on the daily and forming bullish doji on the Monthly.
Optimal Entry
A break and hold of 179.5 will be bullish, and a break and hold of 178.75 will be bearish. Though I am bullish on it.
PT1 green resistance
PT2 187
SL red support
Contracts
11/20 175/185c bull spread
or
12/4 180/185c bull spread
This will most likely become a hedge for the elections along with VIX. So I will be holding it still near exp unless SL hits. Stay green!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.