Range tightening and setting lower high

3 giorni fa

This nasdaq daily top gainer had a run from this morning to the upside. this move is fading and reaching a tightening range or equillibrium and setting a lower high around the .5 fib retracement level and vwap. td9 has printed bull exhastion and ttm has signaled contraction.

3 giorni fa

Commento

i would close short inside this lower vwap or close to the new 5 min low to be on the safer side as the rebound may still have legs on the hourly

3 giorni fa

Commento

most of the selling pressure is higher, and the squeeze is happening in this cover zone which is where im closing (also lower vwap)

3 giorni fa

Commento

im shorting this again as a second TD9 has completed to the upside and price is outside vwap

3 giorni fa

Commento

im also doing a smaller position longer term swing short based on how overextended the daily is. target is around the open.

3 giorni fa

Trade chiuso manualmente

didnt exactly go as planned to im more comfortable closing everything here