Back to give more insightful ideas (my Nasdaq long idea hit major target 12110 in previous posts)
Idea: Long around 10700 - 10900 range (RR Ratio 3+)
Reason: Rebounded off key support 10680, 1h 2h 4h daily candle shows potential signs of retracement
Additional indicators used to support the case: Triple bottom, Awesome Oscillator in 1h 2h 4h signals an upcoming correction
TP: Based on key resistance/ support level
SL: Below next resistance/ support level 10500
Key targets (Short-mid term): 10950, 11050, 11170, 11270, 11400, 11570, 11760, 11880, 12010, 12110, 12330, 12450, 12550, 12680, 12870, 12990
Idea: Long around 10700 - 10900 range (RR Ratio 3+)
Reason: Rebounded off key support 10680, 1h 2h 4h daily candle shows potential signs of retracement
Additional indicators used to support the case: Triple bottom, Awesome Oscillator in 1h 2h 4h signals an upcoming correction
TP: Based on key resistance/ support level
SL: Below next resistance/ support level 10500
Key targets (Short-mid term): 10950, 11050, 11170, 11270, 11400, 11570, 11760, 11880, 12010, 12110, 12330, 12450, 12550, 12680, 12870, 12990
Comment:
Update: Long waves started around 10800 area, already hit first tp 10950
Comment:
Update: 2nd wave of longs from 10700 hit target range 11050
Comment:
Update: Hit target range 11270 earlier
Comment:
Update: Hit target range 11400, closing majority of longs for CPI
Trade closed: target reached
Comment:
Update: Trade hit 12870 range (2nd last TP), all holding trades closed
