NASDAQ, following an uptrend channel, SELL on correction...
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NASDAQ
The price is following an uptrend channel,everytime the price touches the channel's trendline the price reacts strongly,wait for the price to make a correction and if price gives bearish signal look for sell opportunity..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 2hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
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 following an uptrend channel,everytime the price touches the channel's trendline the price reacts strongly,wait for the price to make a correction and if price gives bearish signal look for sell opportunity..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 2hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
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.