IBM to Long, after V breakout and re-test

Existing Condition:
1. in 60 min, down trendline break by breakaway Gap (G1)
2. Breakout V reversal pattern
3. Re-test the 60 min demand zone.
Entry at demand zone: 107
Stop below this zone: 102
Target1: 124; risk/reward=1:3
Target2: 135, risk/reward=1:5
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
In my real trade, I use options. I bought Jun 130 Call, limit 1.3. Do not need stop.
Sum of my ideas:
5 active, 7 winner, 1 loser, 0 pending for condition;
4 analysis only, 8 cancelled;
1. in 60 min, down trendline break by breakaway Gap (G1)
2. Breakout V reversal pattern
3. Re-test the 60 min demand zone.
Entry at demand zone: 107
Stop below this zone: 102
Target1: 124; risk/reward=1:3
Target2: 135, risk/reward=1:5
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
In my real trade, I use options. I bought Jun 130 Call, limit 1.3. Do not need stop.
Sum of my ideas:
5 active, 7 winner, 1 loser, 0 pending for condition;
4 analysis only, 8 cancelled;
Trade ativo
I bought Jun 130 Call, limit 1.3. Do not need stop.Trade fechado manualmente
I sold C135 limit 1.1. risk 0.2 to hold C130/135.This is a winner.
Trade ativo
Today, IBM break a major down trend line by Gap up BuyToClose Jun C135 limit 0.2
Trade fechado: objetivo atingido
This is a winnerAviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.