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"Long Setup on Nasdaq" Short Term View by ThinkingAntsOk

Long
US Nas 100 (OANDA:NAS100USD)  
ThinkingAntsOk  
OANDA:NAS100USD   US Nas 100
Support and Resistance Trend Lines Multiple Time Frame Analysis indexes USA nasdaq nasdaq100 NASDAQ 100 E-MINI FUTURES
3
0
supportandresistance trendline mtfa indexes usa nasdaq nasdaq100 nq1!
1H Chart Explanation

- Price is currently on the bottom of a Descending Wedge.
- Bullish Divergence on MACD.
- In case price breaks the Descending Trendline, it has potential to move up towards the Resistance Zone at 7258.

However, we STILL SHORT in the Long Term. You can check our 4H Analysis.

4 Hour Vision
snapshot

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