Congratulations on our big 400 point move
We are in a winning streak lets enjoy it ✨
-My technical analysis indicates a possible bullish setup
-The risk to reward on this trade is 1:4
-It is closely related with US30 which is currently bullish
⚡️Exercise Good risk management⚡️
⚡️Split your position so you can take partials as the move...
Nasdaq has been showing very clear impulse and corrections. The corrections appear to be always an ABC contracting triangle.
We could in wave A of the ABC correction now.
The trade to look for is the impulse after wave C, which is the big move. However we can capitalise on wave B now. Watch for a bounce off the channel support. We've seen that wave B has a...