I am pretty proud of this trade. I have been using my custom built trading view indicator now for about 4 months testing it out in one of the hardest markets (all time highs). Right at open SPY broke the VWAP and PMH and came back and retested the PMH. I entered at the top of the 9:35 candle with a stop loss right below the PMH and also VWAP. My target was right above my first resistance level. Once it touched the target I sold off 80% of my calls and let the others ride hoping to see the target price. Once the target price hit I sold out of all my calls and not even 10 minutes later it reversed hard! It was a great trade and paid about 70% on my premium. This is trading with multiple confluence and price action and it has been a game changer for me!
Trading with Confluence Indicator
byu/Zacharyclark09 inoptions
Posted by Zacharyclark09