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Zxac
Aug 31, 2022 3:37 PM

NASDAQ INDEX LONG IDEA (SHORT - MID TERM) Long

US100 CFDSKILLING

Description

Idea: Long around 12150 - 12300 range (RR Ratio 3+)
Reason: Rebounded off key support highlighted in previous idea 12240, 1h 2h 4h daily candle shows potential signs of retracement
Additional indicators used to support the case: Awesome Oscillator in 1h 2h 4h signals an upcoming correction
TP: Based on key resistance/ support level
SL: Below next resistance/ support level 12050
Key targets (Short-mid term): 12330, 12450, 12550, 12680, 12870, 12990, 13100, 13220, 13350

Trade active

Starting longs at 12150 with safe SL

Comment

Hit target 12450

Comment

Starting new wave of longs at 12120 area

Comment

Update: Hit target 12330 again, holding till 12550 12680 12870 so on

Comment

Hit target 12450

Comment

Hit target 12680 range

Trade closed: target reached

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