Buy the fakeout break of nasdaq double top
Mis à jour
Nice opportunity here to buy a fake breakout of Nasdaq double top. 100 hour SMA has not yet crossed the 200 so this looks like a fake breakout buy signal.
Really this is a pullback to the 4hr 200period Moving average. Quite rare in tech and a great buying opportunity here.
Big area of support below so we can go at this with a wide stop if we like.
There should be a good opportunity for some good profits at least to the next resistance above maybe even back above the rising trend line.
Really this is a pullback to the 4hr 200period Moving average. Quite rare in tech and a great buying opportunity here.
Big area of support below so we can go at this with a wide stop if we like.
There should be a good opportunity for some good profits at least to the next resistance above maybe even back above the rising trend line.
Trade fermée manuellement
Taken 75% profits here at 10,530 from entry at 10,360. Nice 170 point move, remaining 25% carry through.Trade fermée: cible de profit atteinte
I'm happy to close the remainder of my trade out here in profit before the weekend break. Anything can happen over a weekend and I prefer to lead a stress free life lol not thinking too much about the markets over the weekend :)
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