NQ 4H long swing entry
Classic swing trade. Pullback vs. a rising MA. Entering long @ 13803 SL 13560 TP 14500
As the trend is extended and we are approaching debt ceiling deadline we will use a 2 bar trailing stop loss until BE then the usual 3 ATR trailing stop.
As the trend is extended and we are approaching debt ceiling deadline we will use a 2 bar trailing stop loss until BE then the usual 3 ATR trailing stop.
Note
We are approaching the 14500 target, a debt ceiling deal is tentatively reached but the deal need yet to be closed. My recommendation if you are in the position is to close half the position now and run the remaining on a 2 bar trailing (only moving stop with new highs)
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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.