Long

NASDAQ Retracement: Awaiting Bullish Confirmation Around Key Sup

Updated

I am anticipating a retracement around the 20,000 to 20,020 level on NASDAQ before seeking an entry. I’ll be waiting for bullish confirmation signals in line with my methodology. Notably, we've swept the current day’s low along with some sessions from last week, suggesting a possible move to take out last week's low after first reaching last Friday’s high.

Good luck, and stay disciplined!

Note

This idea may continue upward without presenting a suitable entry at this time. A retracement might occur the following day, depending on the strength of the current momentum. I’ll be watching closely to see if we can establish new highs above the 20,200 level.

Note

I managed to get into this trade in the small bull run. I didnt reach target so I had my stop triggered. I always trail my stops to secure profits. If small accumulated stops can lead to a large loss, small accumulated profits equate to a large profit. Lets wait for the next opportunity

Trade closed: target reached

This played out extremely well. I managed to get into the buy the following day. Closed with a beautiful RR.

Note

I need to post on the platform more often

Part_Time_Astronaut

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