As I dive into the Nasdaq trade idea , we are currently in a retracement phase (exhaustion phase ) . we are waiting for price to respect the daily trendline and give us a positive yield outcome .
As i have seen GJ have been consolidating for a couple of weeks recently . im anticipating a continuation to the upside since we are in a strong uptrend and of the bullish flag pattern formed currently . a Buy at that Area(Zone) will give us a good R:R to the upside with 30 pips stop below HTF Support structure..
Gold respected our triple bottom to the upside and continued rallying as bulls took their position,
We are waiting for pull back or retracement on this 2 Zones for the market to continue to the upside as we broke out of a strong trendline
GOLD finally technically approached our Strong Triple Bottom in an indication that we might see potential buys to the upside .. Lets just monitor lower timeframes rejection candles and enter respectively
as we are witnessing that break of minor support turning resistance level, we are anticipating a retest on that and a move further to the downside since market sentiment has shifted to bearish on lower timeframes .. be on the look
The Nasdaq continue to give us a clear reversal pattern as we look for Buy opportunities to the upside after a almost a month of a downtrend and on fundamentals we just received positive results on Non-Farm Payroll so we are expecting the nasdaq to start looking for rallying upside in months coming
germany30 has been giving us better entries with Good R: R, as we have been moving to the upside since last year the market has tested minor and major zones, we are anticipating a minor consolidation and testing of support trendline with the confluence of support horizontal zone
GU has been trading in the bearish channel for quiet sometimes now,, we are waiting for a break on either side from those triangle for DIRECTIONAL BIAS PURPOSES , Intraday
