NASDAQ INDEX LONG IDEA

Idea: Long around 11680 - 11760 range
Reason: Double bounce off support 11500-11700 range, 4h and daily candle is bullish, signs of temporary reversal is high
TP: Based on key resistance/support level
SL: Below last bottom candle wick 11475, safest to be 11000 range
Key targets (Short-term): 11920, 12010, 12075
Key targets (Mid-term): 12200, 12330, 12450
Key targets (Long-term): 12550, 12700, 12870, 12980

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Update: Current range 11777, starting my longs

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Update: Longs from 11680-11777 hit first target 11920 range

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Update: Hit last short-term target 12075 range

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Update: Hit first mid-term target 12200 range

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Update: Possible short scenario (from 12200+ to 11800 range)

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Update: Hit last mid-term target 12450 range

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Update: Hit 2nd last long-term target 12870 range

Trade closed: target reached

Zxac

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Zxac