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Nasdaq Cash
Long

Buy setup day trading Nasdaq Index

173
I'm eyeing a potential long entry on the Nasdaq Index as it approaches a key support zone (Personalised strategy). If we see a bullish reversal pattern, such as a hammer or bullish engulfing candle (in 1 min timeframe), this could signal a strong buying opportunity. The goal is to ride the move upwards (RRR mentioned). This setup offers a favorable risk-to-reward ratio in line with the current market trend.
Remora_traders
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Trend Analysis

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Trend Analysis
Remora_traders
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.