The chat is self explanatory. Double Bottom, and then a golden cross. Finally a high volume candle on 4 Jan23 that propelled it quickly from 66.31to 71.94 (8.5%) in 3 days. Initial stops can be placed just under the high volume candle (ie < 66.70). However with numerous near term resistences looming, expected to face some pullbacks / consolidation along the...
Hey everyone this is a recent analysis that i've made based on several trading strategies written down below Bullish Setup NASDAQ : - ABCD correction - 1.618 fib - EMAs crossed - doble bottom Based on datas, its a highly probable trade. Don't forget to like and follow if you want more content
if it fails to breakout on the double bottom it will go down, don't put a long position if it has not succeeded in retesting the resistance, thank you, not financial advice
ALWAYS keep your buy logics simple We are going with the trend and of course elliot wave says that we might (third wave) have impulsive wave to 3800 don`t forget the double top also ;) sorry for my bad English :D