As a Trader, What Apple Story over night is it important ?
What important is interpret correctly what the Chart tell us After the event.
My humble view as below..
I can see Risk to Reward for this trade is up to 1:5 time.
Short Apple at current Price Stop at 129.
T1 116
T2 104
T3 93..
Sound Crazy ? Here is My Reason..
Reason 1 : The highlighted 3 Down Bar Candle is
carrying significant volume. 129 will be the difficult
level for Apple to cross over, Unless with Super Earning Call
Open with Gap up.
Reason 2 : Yesterday Closed with Dark Cloud
Reversal Candle with Significant Volume too.
Reason 3 : Good Risk Reward Ratio for Short
Side, Compare to Long Side.
What important is interpret correctly what the Chart tell us After the event.
My humble view as below..
I can see Risk to Reward for this trade is up to 1:5 time.
Short Apple at current Price Stop at 129.
T1 116
T2 104
T3 93..
Sound Crazy ? Here is My Reason..
Reason 1 : The highlighted 3 Down Bar Candle is
carrying significant volume. 129 will be the difficult
level for Apple to cross over, Unless with Super Earning Call
Open with Gap up.
Reason 2 : Yesterday Closed with Dark Cloud
Reversal Candle with Significant Volume too.
Reason 3 : Good Risk Reward Ratio for Short
Side, Compare to Long Side.
Nota
T1 Hit.. Deduce 1/3 of your position.. Move Stop to 1 tick below Entry..Aim for T2..
Happy Trading and Feel Grateful Always..
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.