NQ - A gift from the trading gods?
Updated
To me this is indeed a gift from the trading gods.
Price retests the U-MLH a third time.
So, if you missed the entry (see my website & YT channel), then this is another chance to bake some Bread, instead of Donuts.
My stop would be a couple points above the pivot high.
Watch my videos and posts about this trade to understand it!
Price retests the U-MLH a third time.
So, if you missed the entry (see my website & YT channel), then this is another chance to bake some Bread, instead of Donuts.
My stop would be a couple points above the pivot high.
Watch my videos and posts about this trade to understand it!
Note
This is very exciting!Will the U-MLH hold?
Here I have a even more detailed view of the current situation:
Trade closed: stop reached
As we see, price did not cooperate at the U-ML and is currently nagging at the extended Trend Barrier.Depending on your entry, you're already out of the trade.
And since price is above the U-MLH, it's maybe a good idea from the perspective of the low time frame.
I will exit my trade when the TB get's broken clearly.
So, that's how a trade fails §8-)
But don't bother, the next one is on the way.
Related publications
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.