Nasdaq potential long as the market seem to be in a retracement phase after a falls breakout to the bottom and gave a bullish momentum for the past two days.
We are currently sitting on the sidelines observing how the market unfolds. kindly note that trades will only be taken when the market has provided clear confirmations on lower timeframes.
"Although the cheetah is the fastest animal in the world and can catch any animal
on the plains, it will wait until it is absolutely sure it can catch its prey. It may
hide in the bush for a week, waiting for just the right moment. It will wait for a
baby antelope, and not just any baby antelope, but preferably one that is sick and
lame. Only then, when there is no chance it can lose its prey, does it attack. That,
to me, is the epitome of professional trading."
Patience is very fast...
We are currently sitting on the sidelines observing how the market unfolds. kindly note that trades will only be taken when the market has provided clear confirmations on lower timeframes.
"Although the cheetah is the fastest animal in the world and can catch any animal
on the plains, it will wait until it is absolutely sure it can catch its prey. It may
hide in the bush for a week, waiting for just the right moment. It will wait for a
baby antelope, and not just any baby antelope, but preferably one that is sick and
lame. Only then, when there is no chance it can lose its prey, does it attack. That,
to me, is the epitome of professional trading."
Patience is very fast...