LONG TERM BUY ON NASDAQ
With the bulls showing signs of strength in the market we could see a push to the upside .
Overall Nasdaq is trading in a downward channel (higher timeframe) however on the 1H timeframe we can see price trading in an ascending channel.
A good entry would be a retest of keyzone 12228 with 13588 being our target .
Traders could short this trade till keyzone before jumping in on the long term buy.
Overall Nasdaq is trading in a downward channel (higher timeframe) however on the 1H timeframe we can see price trading in an ascending channel.
A good entry would be a retest of keyzone 12228 with 13588 being our target .
Traders could short this trade till keyzone before jumping in on the long term buy.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.