Asset and Time frame -NFLX,1H
Entry Price -480.00
Exit(Stop Loss) -475.90
Exit(Take Profit) -541.01
Technical Analysis - Price went back to the confirmed daily trend line(red line),price reached daily 100SMA and a confirmed 4H support line(blue),also reacted to the -27.2 daily Fibonacci level,1H chart has a medium divergence,overall stock is bullish and just making a small correction.
What can be improved -
Conclusion & End of Trade -
Entry Price -480.00
Exit(Stop Loss) -475.90
Exit(Take Profit) -541.01
Technical Analysis - Price went back to the confirmed daily trend line(red line),price reached daily 100SMA and a confirmed 4H support line(blue),also reacted to the -27.2 daily Fibonacci level,1H chart has a medium divergence,overall stock is bullish and just making a small correction.
What can be improved -
Conclusion & End of Trade -
Trade closed: stop reached
Market sentiment went bearish on the NDAQ
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.