Nasdaq conquered trouble zone with momentum to the upside!
Hello everyone.
Technically, NQ has confirmedly closed above the trouble zone with flip & fib structure served as supply zone.
Price may pullback to retest the supply zone and rally again to challenge the record high in the next few days.
What if the zone couldn't hold? the demand zone it may seek support is around 13360-13457.
Stay safe and trad safe!
Technically, NQ has confirmedly closed above the trouble zone with flip & fib structure served as supply zone.
Price may pullback to retest the supply zone and rally again to challenge the record high in the next few days.
What if the zone couldn't hold? the demand zone it may seek support is around 13360-13457.
Stay safe and trad safe!
Comment:
Alright. Retest happened and price is leaving the zone now!
Comment:
As expected, price retested the structure yesterday and gained momentum to go up!
Comment:
The daily chart looks good exactly like what I expected. Target is opposing zone.
plan your trade and trade your plan