Short
SHORT NASDAQ
Building a conservative short position here. Looks like a typical dump on a daily chart with target around 11800. Still no confirmation that's why the position is smaller than usually. Building a small position now allows me to add if it decides to go a bit higher. Also may add on confirmation later on
Note
Added more shortsNote
As expected shorts are paying off. Gonna hold on to them hoping for continuationNote
Opened a long position with tight stop. Took some profits from shorts the rest at BE. There is no confirmation on a daily chart and it's possible that nasdaq will pump. Price went down but this is not the setup I was betting on. It means that I need to adjust strategy.Note
Closed the rest of shorts. Worked quite well. Could've hold on to all positions :/
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.