Counter trend SHORT...Swing trade...Oil went up too fast...

Shorting XLE as a counter trend trade. Strictly a swing trade.
RSI on a 2 hour Heikin Ashi chart is at 80. RSI 80 is my overbought signal for me.
I am bearish only a very short term. I am bullish on long and intermediate term.
Strict trade management is the key in this trade.
Learn, Plan, Size and Manage.
This publish is not an investment advice. I am not an investment advisor. So, you are solely responsible for your actions on your money.
RSI on a 2 hour Heikin Ashi chart is at 80. RSI 80 is my overbought signal for me.
I am bearish only a very short term. I am bullish on long and intermediate term.
Strict trade management is the key in this trade.
Learn, Plan, Size and Manage.
This publish is not an investment advice. I am not an investment advisor. So, you are solely responsible for your actions on your money.
Dagangan aktif
2/22/2021 8:14 AM PSTtAndroid BOT +1 DIAGONAL XLE 100 17 SEP 21/16 APR 21 45/43 PUT @3.28 ISE
Dagangan ditutup secara manual
Though the market is weak, global oil mkt is strong.So closed for an early profit.
2/23/2021 8:03 AM PST
SOLD -1 DIAGONAL XLE 100 17 SEP 21/16 APR 21 45/43 PUT @3.39 ISE
ROI: 3.05% including commission
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.