High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
On Wednesday NQ opened with a huge gap-up and then pushed up to break above double-top resistance with NQ 2021 swing high, 17,700.
It was a failed breakout as profit-taking pushed NQ back down to close below 17,700.
Key price level to watch for on Thursday is 17,500 support and 17,700 resistance (17,500-17,700 trading range.
A sustained breakout could cause a large move away from the range.
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The investment strategies mentioned here may not be suitable for everyone. Each trader or investor needs to review an investment and trading strategy for his or her own particular situation before making any investment and trading decision.
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Examples provided are for illustrative educational (or "informational") purposes only and not intended to be reflective of results you can expect to achieve.
