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Nasdaq long idea
Nasdaq was in a bullish run on the daily timeframe, then the bears started taking over. So Nasdaq formed lower lows and are in a bearish structure at the moment.
10876 is a strong support area on Nasdaq and I used that as my foundation for the fib, so I'm waiting for Nasdaq to come close to the 50, 61,8 or the 78,6% levels before I will go in for the buy, if the market will come down to the 78.6% level that will be a 25 000 pip move to the upside. Hope this plays out
10876 is a strong support area on Nasdaq and I used that as my foundation for the fib, so I'm waiting for Nasdaq to come close to the 50, 61,8 or the 78,6% levels before I will go in for the buy, if the market will come down to the 78.6% level that will be a 25 000 pip move to the upside. Hope this plays out
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