Entering a short position on NVDA. All recent fractals both on the daily and weekly charts were crossed on apr 21, but I wasn't looking closely.
Reason to enter late is that it has good potential on both the weekly and daily charts (momentum is close to the zero line on the weekly).
Stop loss is the price closing above the red line.
Target is whenever the trend ends, also signaled by crossing the red line.
Reason to enter late is that it has good potential on both the weekly and daily charts (momentum is close to the zero line on the weekly).
Stop loss is the price closing above the red line.
Target is whenever the trend ends, also signaled by crossing the red line.