Nasdaq100/Us100 Possible Explosive Up Move About To Happen

https://www.tradingview.com/x/EsN2rAaf/
Hello everyone! In this idea I have posted a picture of my current setup. I have taken a long positions once the 1 hour candles broke out of and closed beyond this range (Box) My SL is just the other side of this box and I am targeting the ATH on this position.
If another 1 hour box starts to form higher up I will simple add another position and move Stop losses accordingly.
although we have moved back within the range, the buy pressure is squeezing the candles to the top side of this range. This is why I am execting an explosive move. Once sellers are exhuasted it will propell itself to the next key level.
Let me know what you think.
I am not a financial adviser. Trade at your own risk.
Hello everyone! In this idea I have posted a picture of my current setup. I have taken a long positions once the 1 hour candles broke out of and closed beyond this range (Box) My SL is just the other side of this box and I am targeting the ATH on this position.
If another 1 hour box starts to form higher up I will simple add another position and move Stop losses accordingly.
although we have moved back within the range, the buy pressure is squeezing the candles to the top side of this range. This is why I am execting an explosive move. Once sellers are exhuasted it will propell itself to the next key level.
Let me know what you think.
I am not a financial adviser. Trade at your own risk.
Dagangan aktif
15 minute candle has closed way beyond the box. Setup is working as intended. Anything can happen tho. Nota
Possibly performing a break and retest of the drawn zone, will see how price reacts here. Nota
Still holding position open regardless of that aggressive sell pressure. Nota
Lets see if it can break back above and move higher now Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.