Dec 22nd and a new cycle

١٧ ديسمبر ٢٠٢١

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.

٢٣ ديسمبر ٢٠٢١

ملاحظة

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 target

٢٨ ديسمبر ٢٠٢١

أغلقت الصفقة: تم الوصول للهدف

Target reached, I'm out