I am taking a short entry at 21,180. I know I have headwind since it's against the momentum. I have set my stop loss at 21,420 & target at 20,300 providing me a good RR. Risking 0.75% of Capital.
Equities are overvalued, especially tech. Im looking for a reversal from the upper Wedge pattern and for the price to fill-in the previous imbalances.
Trade closed: target reached
TP Reached.Note
Closed @ 20,400ish
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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.