DLavrov
Long

Entry Level for a Long Trade

FX:NAS100   NASDAQ 100 index of US listed shares
Will NASDAQ move higher and reach 4850? Why not? We have up trend on the daily chart and we can try to make some profit. Price touched MA50 and a bullish candle gives us a signal of possible price reversal. MACD gives a signal for opening long trades. Entry level is above the high of the signal candle. Stop should be placed below the swing low. Profit target can be the possible reversal level 4850. Don't forget that this market is overbought and if price does not move above 4835, it will be better to close the trade.
Comment: Price moved lower and we'll need a new entry level.
Recommended Broker: https://goo.gl/dsiQN8
MQL Programming: https://goo.gl/VamLdU
How to get 80.000$ for managing: https://goo.gl/DJaQ16

Cryptocurrency Exchange: https://goo.gl/QmHbz1
Bitcoin Cloud Mining: https://goo.gl/kzWcFM

Good point , lets see tomorrow after (FOMC Minutes) , and do you think the drop today will continue ?
Reply
DLavrov TOP MohanadMuteir
You are right, FOMC Minutes will be able to give answers on many questions. Let's wait. The market is overbought. There must be a correction wave.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out