NQ - A gift from the trading gods?
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!
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.
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.
Will the U-MLH hold?
Here I have a even more detailed view of the current situation: