📈🚀 Exciting NASDAQ Buying Opportunity! 🚀📈
Updated
Fellow traders, listen up! We've got a promising setup on the 4-hour timeframe for NASDAQ that's worth your attention:
📌 Technical Analysis Highlights 📌
💰 Reversal Strategy: After securing nearly 1000 points with short positions, it's time for a strategic shift towards buying opportunities.
🦇 Bullish Bat Pattern: The price action has completed the D leg of a bullish bat pattern, signaling the potential for a bullish reversal.
📈 RSI Confirmation: The RSI is in highly oversold territory, providing a strong confirmation of the setup.
🕯️ Candlestick Insight: Notably, the price is already bouncing, setting the stage for a potential rise during the American session this afternoon.
With these compelling technical signals, it's a prime time to consider a long position on NASDAQ. Keep a keen eye on the American session for potential market-moving developments.
Aim for the 0.382 fibonacci as a TP1 and the 0.618 as the target
Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if this insight was helpful 🌊🚀
📌 Technical Analysis Highlights 📌
💰 Reversal Strategy: After securing nearly 1000 points with short positions, it's time for a strategic shift towards buying opportunities.
🦇 Bullish Bat Pattern: The price action has completed the D leg of a bullish bat pattern, signaling the potential for a bullish reversal.
📈 RSI Confirmation: The RSI is in highly oversold territory, providing a strong confirmation of the setup.
🕯️ Candlestick Insight: Notably, the price is already bouncing, setting the stage for a potential rise during the American session this afternoon.
With these compelling technical signals, it's a prime time to consider a long position on NASDAQ. Keep a keen eye on the American session for potential market-moving developments.
Aim for the 0.382 fibonacci as a TP1 and the 0.618 as the target
Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if this insight was helpful 🌊🚀
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Trade closed: target reached
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