I'm not predicting HD gets to the untested support level of 164.75, but upon the FIRST touch of 164.75, enter a long position.
Untested support levels create a pop up to the nearest level of consolidation.
Target: anything close to the consolidation around 172
Stop: Right under the area of wicks under your entry, so around 162ish
Untested support levels create a pop up to the nearest level of consolidation.
Target: anything close to the consolidation around 172
Stop: Right under the area of wicks under your entry, so around 162ish
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.