CFD Cash US 100
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Moustafa! Nasdaq analysis with an exclusive target! 15.02.2025

1422
* As I said, on my previous idea update, that the index closed a day candle above 21855! that is enough move indicating that the index broke through the big consolidation area which started since the past two months after Nasdaq reached its ATH on 17.12.2024

* Do not underestimate a bullish move like that! this move volume was massive as I saw and was able to close the day candle above the upper yellow line and the blue line of the both symmetrical triangles and even by looking closely in my lines, you would find out that the index by that move even broke through the upper lines of a massive falling broadening wedge as it broke before on 17.01.2024 the previous falling wedge (in purple lines)

* There is even a bullish pennant on the lower frames which will send the index so easy to the TP1

* To be honest, I mentioned 4 Take profit targets for the intraday traders and to make you see the levels which the index will more likely hit, HOWEVER, the real and the main target which Nasdaq will go to is exactly 24433.13 so if you are a swing trader, I would advise you strongly to not close your trade before reaching to that level regardless any bearish retraces on the way to that target!

Note:
My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help.

I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
Trade aktif
I wrote on the idea by mistake(only mistyping) that the real main target is 24433.13 actually the main target is like what I wrote on the chart which is 23433.13

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