NASDAQ Bullish Continuation
NASDAQ price is facing a credible resistance zone. If the price action is able to print a convincing Higher High, it may be a signal towards a proper Bullish continuation breakout and a potential new ALL TIME HIGH may become more likely.
After the Bulls surf the potential wave, a probable opportunity may arise for the Bears in the form of a probable Harmonic reversal from key Fibonacci Harmonic price levels along with potential further confluence from key Fibonacci Projection levels.
Till then, opportunity may be seized by the Bulls.
Trade Plan:
Entry @ 20120
Stop Loss @ 19560
TP1 @ 20680
TP2 @ 21240
TP3 @ 21800
No. of Trades: 3
Move SL to Break Even if TP1 hits.
After the Bulls surf the potential wave, a probable opportunity may arise for the Bears in the form of a probable Harmonic reversal from key Fibonacci Harmonic price levels along with potential further confluence from key Fibonacci Projection levels.
Till then, opportunity may be seized by the Bulls.
Trade Plan:
Entry @ 20120
Stop Loss @ 19560
TP1 @ 20680
TP2 @ 21240
TP3 @ 21800
No. of Trades: 3
Move SL to Break Even if TP1 hits.
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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.
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.