Nasdaq - Intraday Setup & Potential Trade

127
Price was not abel to trade out of the white forks U-MLH and got constantly rejected.

It cracked the little support and fell down, but missed the white Centerline, creating a HAGOPIAN.

Then price traded outside of the white fork, following a textbook test/retest at the white U-MLH and found support.

The yellow fork points upwards, showing us the most probable path of price.

Going long near the white U-MLH gives us several potential targets:

1. the orange Centerline
2 the yellow Centerline
3. the HAGOPIAN target line.
4. the orange U-MLH

Stops would be below the last red bars low, because this, as of the time of writing, is the best structural level to hide behind.

I'm off to the mountains, have a happy trading day!

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。