Hi bros. I found parallel channel in nasdaq future.
If it reaches entry level, it's a good chance for short position.
Good luck.
Thank you.
Entry : 7056
Stop Loss : 7168
TP#1 : 6727
TP#2 : 6342
If it reaches entry level, it's a good chance for short position.
Good luck.
Thank you.
Entry : 7056
Stop Loss : 7168
TP#1 : 6727
TP#2 : 6342
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 IXIC chart. In earlier candles, the hammer candle meant reversal. So I closed the positions.
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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.