Today Marks the Onset of the Anticipated NASDAQ Correction.
After months of uninterrupted gains, the NASDAQ experienced a significant sell-off above the 18,000-point mark. We believe that the NASDAQ is now ready for a major correction. Here we present a swing trade with a risk/reward ratio of 3:1.
However, we assume that the indicated take profit level will not mark the end of the correction. Instead, we expect the NASDAQ to fall to at least 16,500 points in the coming weeks, possibly even to 16,000 points.
However, we assume that the indicated take profit level will not mark the end of the correction. Instead, we expect the NASDAQ to fall to at least 16,500 points in the coming weeks, possibly even to 16,000 points.
Trade closed manually
Comment:
Heavy Bullish Reversal
Comment:
Got 1.7 RRR