Is it possible that we may experience a market crash to take us to the order block below. We must also bare in mind the institutions that bought from this order block cant hold forever they will sell to buy again.
Nasdaq will finish the year having reached its all time high that is i'm expecting to hit 13000 before the new year. Always trail stopping and looking out to whether the hectic manipulation since Monday this week. I entered at 13705. It may bounce off the two grey support trend lines which I doubt no strong levels to speak of to prevent it from reaching 13000.
As you can I exited the trade I made from 1780 with huge profits and out broke the resistance trndline around 1820. This week im also ente.ring long with 2 confirmations.
1. The blue trendlined bullish channel we have bounced at support.
2. The bearish red trend line we have also bounced on its support.
So we definitely should be going up with retracemnts...