If you like this idea leave a like and follow me to get all of my updates :) I would love to talk to you so send me a message or comment!
Underlying:NAS100
Time frame:1D
Posting this at the start of the week so people have my thoughts. We have just broken out of the wedge formation however we have not done so on the MACD. This scenario on the MACD has not happened too often so I am excited to see how it acts. I feel once we have the MACD breaking out of the range I have drawn, it can then head lower in a "head fake" move.
Trying to keep this as simple as possible, we all know how strong the stock market has been as of late!
Underlying:NAS100
Time frame:1D
Posting this at the start of the week so people have my thoughts. We have just broken out of the wedge formation however we have not done so on the MACD. This scenario on the MACD has not happened too often so I am excited to see how it acts. I feel once we have the MACD breaking out of the range I have drawn, it can then head lower in a "head fake" move.
Trying to keep this as simple as possible, we all know how strong the stock market has been as of late!