Chart of the Week (4/16/2023)
Trade Idea - /NQ 13199 has been testing the 200 period moving average for 2 weeks now on the 2YR/2DAY TF. Looks to be a profit taking area here as things start to look overbought for too long. Puts at the top of structure to start the around 13250 with Take Profit around 12950 Stop Loss at 13350.
Short Term Option Trade -
We all have different time horizons, short term trades for me are at least 2 weeks long but once my price target has been reached I remove risk.
RISK DISCLAIMER: Trade at YOUR OWN RISK, I am NOT a Financial Professional and I do not post nor offer financial advice. My trade ideas are simply visual representations of my thought process.
