TradingView
ellewell
Apr 25, 2019 12:52 AM

NTDOY Long

Nintendo Co., Ltd.OTC

Description

The lines are some decent specific levels to enter or exit at, should front run a tad.

The boxes around the levels represent entry/exit zones where anything is suitable if the levels themselves arent used.

Two trade setups within, shorter term and slighter longer timeframe.

The yellow box/levels signify a short term trade entry range. The orange dotted line represents the stoploss to any entry in this yellow range. Entry in the yellow zone should target the purple zone/levels.

The green box/levels signify a slightly longer term trade entry. If price moves below the yellow zone this would be the entry targets. With a red dotted line representing the stop loss relative to these entries. The targets for entry in the green zone are the teal zone above for a longer playing trade. Although entry in the green zone could also take profits at the purple zone as well for a shorter/safer exit in profit.

Entry in the yellow zone could also use the red dotted line as a stoploss if you can swing a riskier stop loss on entry.
Comments
Scooterlau
Appreciate this post, your explanation and logical way of displaying this chart. Great post!
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