TradingView
MishaSuvorov
Mar 25, 2024 9:20 PM

INTC Long Day Conservative Counter Trend Trade  Long

Intel CorporationNASDAQ

Description

Conservative Counter Trend Trade 12.1
+ long impulse
- volumed expanding T2
- 1/2 correction
+ support level
+ biggest volume manipulation
+ closed above support level

Calculated affordable virtual stop loss
1 to 2 R/R take profit

Hourly Context:
- short impulse
+ volumed T1
+ bigest volume Sp
+ weak test
+ first bullish bar closed level entry

Daily Context
- short impulse
+ biggest untested volume T1
+ biggest volume Sp

Monthly Context
+ long impulse
+ SOS level
+ support level
+ 1/2 correction

Trade active

I'll take 50% at 1 to 2 R/R at $42.13 and will ride the rest to $43.62

Trade closed: target reached

Boom!
More