Trade Entry
I am tapped for capital with other trades actively working.
If I were to enter, this would be my entry choices:
Jan. 24 Expiry. 200/205 Put Credit Spread. $2.50 credit. Risk and reward are even $2.50.
If you want to play earnings (which looks like good idea), move out to Jan. 31 or do both dates.
MCD above $205 at expiry keeps the whole credit.
Stops – MCD at $198 exit trade.
Exit at 50% profit or hold to expiry if looking bullish.
Chart Details
Bullish breakout of bear flag.
Bullish EMA cross and price 10WeekMA cross.
Price should head up to fill gaps IMO. Probably consolidate at each gap.
Watch RSI at 75 for bullish slowing.
Daily and Weekly trend both bullish. Looks good.
Previous MCD Chart

About Me
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
moneypatterns.com - Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards.
Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, CRWD Bullish short term.
I am tapped for capital with other trades actively working.
If I were to enter, this would be my entry choices:
Jan. 24 Expiry. 200/205 Put Credit Spread. $2.50 credit. Risk and reward are even $2.50.
If you want to play earnings (which looks like good idea), move out to Jan. 31 or do both dates.
MCD above $205 at expiry keeps the whole credit.
Stops – MCD at $198 exit trade.
Exit at 50% profit or hold to expiry if looking bullish.
Chart Details
Bullish breakout of bear flag.
Bullish EMA cross and price 10WeekMA cross.
Price should head up to fill gaps IMO. Probably consolidate at each gap.
Watch RSI at 75 for bullish slowing.
Daily and Weekly trend both bullish. Looks good.
Previous MCD Chart

About Me
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
moneypatterns.com - Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards.
Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, CRWD Bullish short term.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.