NASDAQ countertrend line broken - LONG
Updated
Dear Traders,
The countertrend developed on H4 has been broken recently, so on the medium term (couple of weeks) there is a chance for the NASDAQ to reach all time highs again with an impulsive move.
The pandemic can intervene, but technically this is the picture.
Target zones are indicated as well as the zone where there can be a change in the current long trend.
Let me know what you think please!
The countertrend developed on H4 has been broken recently, so on the medium term (couple of weeks) there is a chance for the NASDAQ to reach all time highs again with an impulsive move.
The pandemic can intervene, but technically this is the picture.
Target zones are indicated as well as the zone where there can be a change in the current long trend.
Let me know what you think please!
Trade closed: target reached
First target reached, position closed.
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