NASDAQ | Price in a falling wedge,wait for breakout to BUY..
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NASDAQ
The price is forming a potential falling wedge, If price holds the level as a support then there is a chance that we might get a good opportunity to Buy from that level,wait for the breakout and close above the wedge resistance and after a small pullback if price gives any bullish signal then look for buy opportunity..
In case,If price don't give any bullish signal then don't open trade and wait for another opportunity...
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to BUY..
Trade it with proper Sl..
Take entry only after price gives bullish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
NASDAQ
The price is forming a potential falling wedge, If price holds the level as a support then there is a chance that we might get a good opportunity to Buy from that level,wait for the breakout and close above the wedge resistance and after a small pullback if price gives any bullish signal then look for buy opportunity..
In case,If price don't give any bullish signal then don't open trade and wait for another opportunity...
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to BUY..
Trade it with proper Sl..
Take entry only after price gives bullish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.