Trend : NASDAQ is in a strong uptrend at the moment
Retail : Majority have a BEARISH sentiment on this pair
Institutions : Increase in week over week holdings
Structures : No structures as we are at highs so targeting recent formed high + round number above makes sense
Price action : Sitting on a support shelf at the moment
Targets : Recent high + level at round number (23000)
Stops : Many options to place stops below
Entries : Positive bounce at current level, decent entry zone but further possible entry levels sit below too
If trading on a shorter timeframe, perhaps the gap fill is a good point to take the trade off the table.
Targeting higher than 23 might be dangerous as we are playing around at ATHs
Retail : Majority have a BEARISH sentiment on this pair
Institutions : Increase in week over week holdings
Structures : No structures as we are at highs so targeting recent formed high + round number above makes sense
Price action : Sitting on a support shelf at the moment
Targets : Recent high + level at round number (23000)
Stops : Many options to place stops below
Entries : Positive bounce at current level, decent entry zone but further possible entry levels sit below too
If trading on a shorter timeframe, perhaps the gap fill is a good point to take the trade off the table.
Targeting higher than 23 might be dangerous as we are playing around at ATHs
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.