Panjang
2 hour XIV, Long @ $29.7
TVIX for a tiny ride down until XIV hits $29.87, then Long XIV until $33.55- 33.82
Risk reward ratio= 4.2
***Reasoning behind going long XIV:
Some of the past drops have been approximately -28% before returning upwards
also the 61.8% fib retracement level for the previous bull rally is around the $29.20 area
using Vdubus's Vdub FX Sniper VX3 strategy to help indicate buy and sell levels (i don't do automated, just using the strategies for confirmation)
Havent gotten a buy signal yet, but will start this position with a stop and wait for a confirming buy signal (or lack of one)
Risk reward ratio= 4.2
***Reasoning behind going long XIV:
Some of the past drops have been approximately -28% before returning upwards
also the 61.8% fib retracement level for the previous bull rally is around the $29.20 area
using Vdubus's Vdub FX Sniper VX3 strategy to help indicate buy and sell levels (i don't do automated, just using the strategies for confirmation)
Havent gotten a buy signal yet, but will start this position with a stop and wait for a confirming buy signal (or lack of one)
Nota
Please comment if you have anything to add, agree, disagree, etc :) Thanks
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.