NASDAQ-MINI: 2H Chart (Intraday) preparing long shot
Updated
NASDAQ on 2H Chart is showing a good bullish structure with an impulsive breakout candle formation penetrating the last resistance. Still make me choose long position as the best setup. I'll be waiting for a confirmation such as rejection or a Golden Cross on Stochastic Oscillator on 8695 area with 120 ticks tolerance to go long. This setup has a decent Risk To Reward Ratio (1:2).
Summary
Bullish setup
Entry: 8695
TP: 8957
SL : 8585
Risk to Reward Ratio: 1:2
Summary
Bullish setup
Entry: 8695
TP: 8957
SL : 8585
Risk to Reward Ratio: 1:2
Order cancelled
I don't enter this setup
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