SMH, the semiconductor ETF has completed a beautiful combo correction and it appears wave 1 and 2 are already in!
Trade plan
Entry- Break of first supply zone
Stop loss- Will take loss if price cannot turn supply into demand
Price target- Overall price target for Wave 3 is 260, but I will be scalping in between the overall move to 260 using the zones as price targets and stop losses
Comment with any questions regarding the chart or trade plan :)
Trade plan
Entry- Break of first supply zone
Stop loss- Will take loss if price cannot turn supply into demand
Price target- Overall price target for Wave 3 is 260, but I will be scalping in between the overall move to 260 using the zones as price targets and stop losses
Comment with any questions regarding the chart or trade plan :)
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.
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.