Double Bottom Formation & Iron Condor Strategy

已更新
1. Bullish Setup:
A potential Double Bottom is forming above the level of 52170.
Entry: If price holds above 52170, enter a long position.
Target: The first target is 52550. Keep an eye on this level for possible exit or adjustment.

2. Bearish Setup:
Support Level: 51761 is a key support level.
Breakdown: If price breaks below 51761, initiate a short position.
Target: The downside target is 51295. Monitor price action for any signs of reversal at this level.

3. Iron Condor Strategy (Option Selling):
  • For the week ahead, an Iron Condor setup might be profitable.
  • Strategy: Consider selling a combination of out-of-the-money puts and calls with strikes above 52550 and below 51761, depending on the expected range.
  • This strategy could benefit from a range-bound market and potentially deliver consistent profits as long as price stays within the set boundaries.


Risk Management:
  • Use stop-losses based on key levels, such as 52170 for the long position and 51761 for the short position, to manage risk.
  • Monitor the price action closely to adapt your strategy as necessary.
交易結束:目標達成
Target Reached
Beyond Technical AnalysisSupport and Resistance

更多:

免責聲明