NASDAQ INDEX LONG IDEA (SHORT - MID TERM)
Updated
Idea: Long around 12150 - 12300 range (RR Ratio 3+)
Reason: Rebounded off key support highlighted in previous idea 12240, 1h 2h 4h daily candle shows potential signs of retracement
Additional indicators used to support the case: Awesome Oscillator in 1h 2h 4h signals an upcoming correction
TP: Based on key resistance/ support level
SL: Below next resistance/ support level 12050
Key targets (Short-mid term): 12330, 12450, 12550, 12680, 12870, 12990, 13100, 13220, 13350
Reason: Rebounded off key support highlighted in previous idea 12240, 1h 2h 4h daily candle shows potential signs of retracement
Additional indicators used to support the case: Awesome Oscillator in 1h 2h 4h signals an upcoming correction
TP: Based on key resistance/ support level
SL: Below next resistance/ support level 12050
Key targets (Short-mid term): 12330, 12450, 12550, 12680, 12870, 12990, 13100, 13220, 13350
Trade active
Starting longs at 12150 with safe SLComment
Hit target 12450Comment
Starting new wave of longs at 12120 areaComment
Update: Hit target 12330 again, holding till 12550 12680 12870 so onComment
Hit target 12450Comment
Hit target 12680 rangeTrade closed: target reached
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