What I am looking to see for NASDAQ, Wed 5/11/2022
We had a both way stop hunt yesterday and the price is actually ranging between the 2 lines.
I am more likely looking to BUY when I see this on chart :
will buy in case of a 4H candle close above the line, making a HH and will add with the retrace ( not risking more than I should, for sure )
SL : will be updated
TP : next zone ( 12721 )
II) I will SELL in this case
I will sell in case of a clear break below the zone with enough volume (*) and a clean retrace and break below the line making a LL.
SL : will be updated
TP : will be updated
* : Only a strong bullish or bearish candle is accepted.
CAUTION :
Trading is a game of Patience. I don't trade in ranging days and only execute when market has already decided where to go.
Please Like, Share and follow for more Ideas to come
If you have any questions let me know in comments bellow
Thanks for the support
DISCLAIMER
I am not a registered investment, legal or tax advisor or a broker/ dealer. All investment/
financial opinions expressed by me are from the personal research and my own experience
and are intended as educational material.Although best efforts are made to ensure that all
information is accurate and up to date, occasionally unintended errors and misprints may occur.
I am more likely looking to BUY when I see this on chart :
will buy in case of a 4H candle close above the line, making a HH and will add with the retrace ( not risking more than I should, for sure )
SL : will be updated
TP : next zone ( 12721 )
II) I will SELL in this case
I will sell in case of a clear break below the zone with enough volume (*) and a clean retrace and break below the line making a LL.
SL : will be updated
TP : will be updated
* : Only a strong bullish or bearish candle is accepted.
CAUTION :
Trading is a game of Patience. I don't trade in ranging days and only execute when market has already decided where to go.
Please Like, Share and follow for more Ideas to come
If you have any questions let me know in comments bellow
Thanks for the support
DISCLAIMER
I am not a registered investment, legal or tax advisor or a broker/ dealer. All investment/
financial opinions expressed by me are from the personal research and my own experience
and are intended as educational material.Although best efforts are made to ensure that all
information is accurate and up to date, occasionally unintended errors and misprints may occur.
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