NASDAQ : Long trade on correction
I have already closed a Long position opened on the break of the maximum of the candle of March 13th and lasting 3 candles Daily which I closed on March 16th near the highs of the day.
Now the price has perfectly reached the Weekly dynamic resistance trendline and is correcting.
Since the bullish conditions are still valid, I expect a retracement in the highlighted support area, thus placing a pending order.
The LuBot indicator keeps the Long signal shown on January 23 considering the configuration with signals Swing , style = 1 and limit signal type 3 in order to see the signals that indicate the main direction to follow until the trend reverses.
TrendCloud, advancedSar and LuTrender are positive.
If I enter the market it will be a short trade that I will close at the level of the high just made.
Now the price has perfectly reached the Weekly dynamic resistance trendline and is correcting.
Since the bullish conditions are still valid, I expect a retracement in the highlighted support area, thus placing a pending order.
The LuBot indicator keeps the Long signal shown on January 23 considering the configuration with signals Swing , style = 1 and limit signal type 3 in order to see the signals that indicate the main direction to follow until the trend reverses.
TrendCloud, advancedSar and LuTrender are positive.
If I enter the market it will be a short trade that I will close at the level of the high just made.
LuTrader Garage : linktr.ee/LuTraderGarage
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