NASDAQ key zone violated, buyers may come around 13081-13000
Two key levels couldn't hold and buyers may come at lower zone around 13081-13000. The reasons are as below:
1. daily flip zone
2. mid-term MA
Terrific buy zone would be around 12500 where my long-term sits.
As usual, I need to see price action on smaller Timeframe, say bullish pattern on 1H.
Market doesn't care what you think. Stick to your plan to reduce risks.
1. daily flip zone
2. mid-term MA
Terrific buy zone would be around 12500 where my long-term sits.
As usual, I need to see price action on smaller Timeframe, say bullish pattern on 1H.
Market doesn't care what you think. Stick to your plan to reduce risks.
Comment:
Zone has been reached. I will pay attention to small TF
Comment:
I don't see price action on 15m chart. Better wait...
Comment:
Watch the yellow zone at the bottom. Once it's violated, lower low will be created. The 13000 zone may not prevent it from falling. Respect the momentum.
Comment:
As chart showed clearly, the yellow zone on 15m got violated, lower low created. Respect momentum. Be careful to set up your long entry.
plan your trade and trade your plan
