What have you heard about WEDGES? This is NQ currently in one. I have seen a situation like this, But I can’t exactly marry the idea of it going to fall just yet. You just never know. Ergo, I’m prepared for what’s to come. She’s really been moving slow this week. No TRADES yet.
Note
Asides you not seeing your SETUP in a MARKET (according to your already tested strategy), You can’t assume a TRADE will go right or wrong. You never know what she’ll do next. A “double top” doesn’t always look the same as the last one.
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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.