Ut100
NASDAQ - US100 - LONG ideahello guys, in our last idea we have secured good profit, now I am posting this idea for your education purpose only targets are defined so we will look forward to it
nasdaq bullish wavenasdaq is runing upside for a new high i expect to teach that upper channel line on the chart
so we can create sell limit orders between 16264 and 16295
we can face also resistence within the inner trend at 16130
If a fall happen we can set a buy limit @ 15700
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nasdaq waiting for breakout NAsdaq is ready to make new highs
3 times tried to break support at 15550 and failed and it still ranging and ready for trend continuation
this should be confirmed first by breaking last highs of 15700
But before talking about bullish or trend continuation we should pay attention to :
There is 2 consecutive days doji candles wich mean a possible reversal of the bullish wave
where to sell ?
below the the last low wich is 15526
what we can do is to place orders above last high and below last low