LONG TERM BUY ON NASDAQ
With the bulls showing signs of strength in the market we could see a push to the upside .
Overall Nasdaq is trading in a downward channel (higher timeframe) however on the 1H timeframe we can see price trading in an ascending channel.
A good entry would be a retest of keyzone 12228 with 13588 being our target .
Traders could short this trade till keyzone before jumping in on the long term buy.
Overall Nasdaq is trading in a downward channel (higher timeframe) however on the 1H timeframe we can see price trading in an ascending channel.
A good entry would be a retest of keyzone 12228 with 13588 being our target .
Traders could short this trade till keyzone before jumping in on the long term buy.
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