PSX Put Spread $1.7 Cost EXP Sept 27th
Market sentiments are bearish, This may move lower, weekly RSI looks like its bullish but daily and 4h are bearish.
Support seems to be breaking down on price, looks like a high reward low risk entry. Lets see how it pans out.
Profit Target is $165 USD max risk is $100.
Bullish target is if it moves higher to $100 I lose this trade.
However if it moves lower as its trending to $90 this trade is a win and if it goes even lower to around $87-88 I can take a profit of $165.
Market sentiments are bearish, This may move lower, weekly RSI looks like its bullish but daily and 4h are bearish.
Support seems to be breaking down on price, looks like a high reward low risk entry. Lets see how it pans out.
Profit Target is $165 USD max risk is $100.
Bullish target is if it moves higher to $100 I lose this trade.
However if it moves lower as its trending to $90 this trade is a win and if it goes even lower to around $87-88 I can take a profit of $165.
Trade attivo:
Trade active at above values.