Hi traders.
I found parallel channel in Nasdaq.
If it reaches entry level, it's a good chance for short trading.
Good luck.
Thank you.
Entry : 7430
Stop Loss : 7573
TP#1 : 7030
TP#2 : 6730
I found parallel channel in Nasdaq.
If it reaches entry level, it's a good chance for short trading.
Good luck.
Thank you.
Entry : 7430
Stop Loss : 7573
TP#1 : 7030
TP#2 : 6730
Note
It reaches the top of the channel faster than I expected. So I selled 7480(cme 7080), which is more expensive than the entry price
Trade closed manually
A hammer candle came out near the bottom channel. In earlier candles, the hammer candle meant reversal. So I closed the positions.nice profit! :)
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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.
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.