It is a general prospect about NASDAQ 1H movement.
You can plan for both Long and Short by looking at the valid reason on each direction.
for Long - see a strong bullish candle at support
for Short - see a strong bearish candle after the breach and retest of support
You can plan for both Long and Short by looking at the valid reason on each direction.
for Long - see a strong bullish candle at support
for Short - see a strong bearish candle after the breach and retest of support
Trade active:
first target of 14950 resistance level hit.
You may see breakout or fakeout here, in both cases you can take trade accordingly upon retest in either case.
You may see breakout or fakeout here, in both cases you can take trade accordingly upon retest in either case.
Trade closed: target reached:
Short was initiated after the fakeout.