Reverse head and shoulders Price crossed above SMA13/50 OBV>OBV34 WR buy signal (my scripts: Williams %R two lines)
Entry 1.5 Stop 1.0 Target 5.5
Risk management is much more important than a good entry point. The max Risk of each plan should be less than 1% of an account. I am not a PRO trader. I trade option to test my trading plan with small cost.
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BuyToOpen (BTO) 2022 Jan C2.5/7.5 limit 0.25x10 No Stop in this OP trade; MAX RRR 19:1
I also add that the weekly chart recently formed a doji candle with huge volumes, whose high has been broken with following weekly candles. To me that’s a clear sign of trend reversal