NU swing long setting up
NU has just met a long term measured move which is confluent with a low from May 2017. In addition there are 2 trend channel overshoots which
can precede an attempt to reverse the market. I forgot to post this chart yesterday, but I am looking for a retest of support and a continued sign of buying. Use a proper stop and position size. The first signal bar was good, but I will wait for a second signal as there has been very aggressive selling.
can precede an attempt to reverse the market. I forgot to post this chart yesterday, but I am looking for a retest of support and a continued sign of buying. Use a proper stop and position size. The first signal bar was good, but I will wait for a second signal as there has been very aggressive selling.
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