Long

NASDAQ BUYS TO THE MOON

Updated

The weekly and daily timeframe is showing a bullish trend, and remember the idea of the CADCHF setup I posted, this is what was expected to happen there.
What do we expect here? A retest to 12000 SUPPORT zone and a bullish move to 13720. This is a long term buy for NASDAQ.

Please do share, and give a follow to support.

Note

Price is at the support zone, but I want to see price do one more thing which is to reach 12000.00 psychological zone before the push to the upside, let's watch at price movements, because on the lower timeframe stop hunts might be seen, and FOMC meeting release will happen.

Let's look out for price movements.

Note

Price might not start to go bullish soon, because price might get to 11820zone ton clear the liquidity of January's last week low, before the push to the bullish side.

Note

A first leg of the W formation I want to see have been given, so I expect a second leg to maybe get to the 11820 zone before the buys, or price might just pass 11900 before the buys, since it's the low of the current first leg. 11820 is far more preferable.

Note

The week ended in our favour, now it's time to go to the lower timeframes like H4 to look for support levels to continue it's bullish structure. LET'S GO!!!

Note

Price got to 11820 as predicted, and also clossed Thursday with a hammer before yesterday's bullish move.
So the retest level for the H4, for bullish continuation is between 12250 and 12150.
Those are my zones for the support on H4.

Note

Price went on to take out the lows at 11820 but, gave a nice hammer as the daily closed, plus a good buy momentum today, we are still on buys.

Note

The previous lower highs is broken, now a bullish trend is beginning

Note

Still sailing

Superstarsony_05

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by Superstarsony_05

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