NASDAQ POSSIBLE OLHC (BUY) STRUCTURE SEPTEMBER 2020
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Monthly Structure for Nasdaq appears to be OLHC (open low high close) which means we are going in for long term monthly buys if current daily candle closes with TDi Priceline crossing above bloodline in the Daily timeframe.
Bullish divergence from the 24th July 2020 to current daily candle indicates that buyers are gradually taking control of market .
We can also see a second Bullish divergence from the 8th if September till current daily candle also a clear indication buyers are gradually taking control .
Long Term Runner target 12318.50.
Trade with Caution. Wait for valid entries.
MAY 4 ANALYSIS
P A T I E N C E + D I S C I P L I N E
Monthly Structure for Nasdaq appears to be OLHC (open low high close) which means we are going in for long term monthly buys if current daily candle closes with TDi Priceline crossing above bloodline in the Daily timeframe.
Bullish divergence from the 24th July 2020 to current daily candle indicates that buyers are gradually taking control of market .
We can also see a second Bullish divergence from the 8th if September till current daily candle also a clear indication buyers are gradually taking control .
Long Term Runner target 12318.50.
Trade with Caution. Wait for valid entries.
MAY 4 ANALYSIS
P A T I E N C E + D I S C I P L I N E
Trade closed: target reached