Chart Idea - NQ Swing Trade
Updated
Beautiful Descending Broadening Wedge formed on Daily TF. Too bullish once breakout gets confirmed.
Entry: 19500
SL: 19000
TP: 21000
NOT A FINANCIAL ADVICE!!
------ DYOR ------
Entry: 19500
SL: 19000
TP: 21000
NOT A FINANCIAL ADVICE!!
------ DYOR ------
Note
What a beautiful trade this is. Already half way thru. IMO, it won't stop until it takes the daily FVG around 20600. This is a conservative target since we have some FVGs around 19K level as well. We may see it hitting 20600-20700 area and go back down OR create a double top around 21K and then go back down. I really think that we should take the liquidity from 19K level before making another ATH. Let's see how it behaves in coming days/week.
PS: Keep taking profits. Not a financial advice !! DYOR
Note
Anyone riding this beatiful long setup? Please comment below. One of the best setups out there which has been working as analyzed. If you can't hold on the down days, please keep booking profits. I want to keep it riding until it breaks the trend on daily. First TP is around 20600 and the next is at 21000.
Not a financial advice !!
Note
Amazing trade so far. It is taking a bit longer that I thought but it's on its course to hitting our 21K TP. Keep trailing your SLs.
Not a financial advice!
Trade closed: target reached
What a beautiful trade. All TPs hit.
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