NASDAQ conter trend play
nasdaq has broken a structure level and now is more likely to go up but it give as a conter trend play to the downside after it touch the resistence level and formed a double top pattern
i enterd the trade at the formation of the second top with engulfing candel showing selling force , with a target at the previos support level , and from that area we will look for another entry to the upside to ride the new trend after structure has been broken .
i enterd the trade at the formation of the second top with engulfing candel showing selling force , with a target at the previos support level , and from that area we will look for another entry to the upside to ride the new trend after structure has been broken .
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.