Based on Nison Trading The 9 strategy. The market tends to stick to one side of the 9 period moving average. MAs shown are 9 / 30 / 50, SMA and EMA. Based on DeMark Sequential strategy. 1-3 momentum is leading to 4-5-6-7-8-9. Exhaustion at 9.
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MAs shown are 9 (red) 20 (blue) 50 (yellow), said 30 - sorry. :)
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Sell orders at 230 / 249 / 275. Leave ~20% free for manual trading.
Trade closed manually
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Trade active
Buy. Set SL at $183.83.
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Main Target: 221 Small Target: 209
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I have just one sell order at 218. I suggest the same. It should also be the perfect place to sell short. Need candlestick confirmation though.
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