Took 1 trade on NAS. Yesterday closed as a bearish Breakout Day. I'm looking for High of Day sells below the Breakout Level. Previous H4 High got faked out near the High of the Day. I prefer an H8 High fakeout, but I'm fine with an H4 High fakeout since price was below the H8 Breakout Level. Price started moving before NYSE Open without me, but it pulled back shortly after to make a new Session High. It faked out the Previous H4 / H1 High and went back under. I entered with my SL at the HOD. TP at Previous Day Low.
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🤑 Watch me trade Momentum Theory at youtube.com/@nohypetrader
⚡ Momentum Theory subscription available at whop.com/nohypetrader/
🏆 More Info - patreon.com/posts/momentum-theory-121307513
⚡ Momentum Theory subscription available at whop.com/nohypetrader/
🏆 More Info - patreon.com/posts/momentum-theory-121307513
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.