Closing an option trade
Guest Andy G,
Joined 23/03/23 04:08
By tradinglounge · PostedElliott Wave Analysis TradingLounge Daily Chart, 23 March 23, Bitcoin/U.S.dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave III Direction Next higher Degrees: wave (I) of Motive Details: Wave 3 is equal to 1.618 multiplied Length of wave 1 at 35366 Wave Cancel invalid level: 15479 Bitcoin/U.S.dollar(BTCUSD)Trading Strategy: Bitcoin is developing in wave III and is trending towards 1.618 times wave I at 35107 as the price recovers from support at MA200 and breaks the upper channel. Help support this idea. So the overall picture is still a steady increase in the uptrend. Bitcoin /U.S.dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are bullish. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Tradinglounge.com get trial here! Elliott Wave Analysis TradingLounge 4H Chart, 23 March 23, Bitcoin/U.S.dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Zigzag Position: Wave A Direction Next higher Degrees: wave ((2)) of Motive Details: Wave ((2)) usually retraces 50-61.8% of wave ((1)). Wave Cancel invalid level: 19569 Bitcoin/U.S.dollar(BTCUSD)Trading Strategy: Wave ((1)) seems to end at the level 28936. As the price structure completes five waves and the Wave Oscillator slows down, it is possible that a reversal in wave ((2)) is ongoing and it is likely to end at the level of 28936. will go to the level of 50 - 61.8% of the wave ((1)) before rising again in the wave ((3)). Bitcoin/U.S.dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are bullish.
Wow. That censored word was twitter shortened. T w i t ..
Which exchange charts on TV are the ones being used on the IG platform? Specifically AUD/USD. Also what/when is **** feed coming back?
Guest Andy G
I took my first options trade jul spx strike price 4400. I thought that this was going to close automatically and be worthless. But that doesn’t look like the case as it’s now rolled into aug. If I close it now, the loss stated will be realised? I’ve only ever spreadbet before…
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