NASDAQ Bullish Continuation
NASDAQ price is facing a credible resistance zone. If the price action is able to print a convincing Higher High, it may be a signal towards a proper Bullish continuation breakout and a potential new ALL TIME HIGH may become more likely.
After the Bulls surf the potential wave, a probable opportunity may arise for the Bears in the form of a probable Harmonic reversal from key Fibonacci Harmonic price levels along with potential further confluence from key Fibonacci Projection levels.
Till then, opportunity may be seized by the Bulls.
Trade Plan:
Entry @ 20120
Stop Loss @ 19560
TP1 @ 20680
TP2 @ 21240
TP3 @ 21800
No. of Trades: 3
Move SL to Break Even if TP1 hits.
After the Bulls surf the potential wave, a probable opportunity may arise for the Bears in the form of a probable Harmonic reversal from key Fibonacci Harmonic price levels along with potential further confluence from key Fibonacci Projection levels.
Till then, opportunity may be seized by the Bulls.
Trade Plan:
Entry @ 20120
Stop Loss @ 19560
TP1 @ 20680
TP2 @ 21240
TP3 @ 21800
No. of Trades: 3
Move SL to Break Even if TP1 hits.
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