Nvidia bounced from its 0.5 Fib retracement level and its 360degrees "Gann Dynamic Square of 9 level from its high"
It is still - in my opinion- trending upward as the trend isn't broken. An ideal stop would be placed below the daily cloud.
We are also approaching a Gann seasonal date at DEC22nd counting 21bars from the high.
Gann seasonal dates often indicate a beginning of a new cycle, coupled with the 21bars, I think that could be interpreted as a sign.
There are more in the chart so feel free to take a look at every element of it.
Enjoy and trade safe.
It is still - in my opinion- trending upward as the trend isn't broken. An ideal stop would be placed below the daily cloud.
We are also approaching a Gann seasonal date at DEC22nd counting 21bars from the high.
Gann seasonal dates often indicate a beginning of a new cycle, coupled with the 21bars, I think that could be interpreted as a sign.
There are more in the chart so feel free to take a look at every element of it.
Enjoy and trade safe.
Not
raising the stop to a bit above B/E "Break-even" to 280 seems like the wise thing to do here to guarantee a winner and forget about this trade and let it ride to targetİşlem kapandı: hedefe ulaştı
Target reached, I'm out
To get access to any of my indicators feel free to contact me here or on Twitter :
@Nasser_Humood
@Nasser_Humood
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
To get access to any of my indicators feel free to contact me here or on Twitter :
@Nasser_Humood
@Nasser_Humood
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.