My Nasdaq outlook for today, if you have questions please ask them and if you take this trade let me know the results!
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Nasdaq has been bouncing in a channel for the past weeks and it was/is consolidating.
To me we have 3 possible scenario's:
1. Nasdaq will have a slight pullback to the lower border of the channel before going up to ~12000.
2. Nasdaq will go up to ~12000 if it break out of consolidation (today).
3. Nasdaq will break out of the lower border of the channel and will have a push downwards to ~10750.
Look for clear confirmation and watch out for possible fake outs.
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Let me know your thoughts and please give a thumbs up if you like this idea and follow me for more ideas related to Gold and indices.
As always use good risk management. This isn't a sprint , it's a marathon.
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Nasdaq has been bouncing in a channel for the past weeks and it was/is consolidating.
To me we have 3 possible scenario's:
1. Nasdaq will have a slight pullback to the lower border of the channel before going up to ~12000.
2. Nasdaq will go up to ~12000 if it break out of consolidation (today).
3. Nasdaq will break out of the lower border of the channel and will have a push downwards to ~10750.
Look for clear confirmation and watch out for possible fake outs.
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Let me know your thoughts and please give a thumbs up if you like this idea and follow me for more ideas related to Gold and indices.
As always use good risk management. This isn't a sprint , it's a marathon.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.