FACEBOOK INC _Long

META

Hey, everybody. I'm sitting here watching what the market is making for us. On such reversal days it is always difficult to determine where the instrument will go, because yesterday all the charts broke. Not many models worked, although there were some which grew very well.
We'll see what happens today. I'll choose very strong models today, wait for the opening... If there is uncertainty - I will not trade today, nothing terrible will happen if I miss a day or two trades so as not to risk more than RM allows.
Yesterday we made very good money on Tesla, hopefully today we can also take a ride on something like that.

We'll start with Facebook.
We have reached a strong historical level, reinforced by a round number.
Further retest, then a breakout. We couldn't go up, but we didn't go down which means a struggle between two opposing forces, as well as a set of positions by one at the other' expense.
Yesterday, the level retested again.
Long model, there's a pressure on level (H1) and a set of positions on small bars.

I will go long with a short risk up from 175.

Comment:

Unfortunately, the site does not allow to publish more than 10 ideas in one day. So I'll come back with the publications a little later.
From what else to pay attention to: Nvidia - 270 long

Comment:

I just saw that the post-market price was 176.50, which once again indicates the correctness of the analysis.
Let's see what happens at the pre-market.
Anyway, even if it opens with a gap, I'll be looking the enter point to enter a long after a roll

Trade closed: target reached:

because the scenario was long, but the gap did not give the initial entry point, went in a local trend that matches the global trend.
Level low 1st M5: 177.08
Enter poind 3d M5: 177.08
SL: 176.61
TP: 178.54
RR: 3.1\1