Nasdaq is extending the decline it suffered at the top of the Falling Wedge pattern.
The Falling Support is the level to watch for buying and the price is within days from hitting it.
Trading Plan:
1. Buy when the price hits the Falling Support and the MACD (4h) makes a Bullish Cross.
Targets:
1. 15000 (slightly over the 0.618 Fibonacci).
Tips:
1. The MACD (4h) gave confirmed buy signals / Wedge bottoms after it formed a Bullish Cross. This is why we consider it a parameter for a buy.
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Notes:
Past trading plan:
The Falling Support is the level to watch for buying and the price is within days from hitting it.
Trading Plan:
1. Buy when the price hits the Falling Support and the MACD (4h) makes a Bullish Cross.
Targets:
1. 15000 (slightly over the 0.618 Fibonacci).
Tips:
1. The MACD (4h) gave confirmed buy signals / Wedge bottoms after it formed a Bullish Cross. This is why we consider it a parameter for a buy.
Please like, follow and comment!!
Notes:
Past trading plan:
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.