Testing of critical supply zone at the bottom

11. Mai 2020What we see here is NAS losing buying momentum, so it came back to a critical demand zone to gather momentum to push, so assumptions is that it will build momentum to rise to that high, and maybe push beyond.
Could potentially form double bottom before rising, wait for confirmation of buying momentum

11. Mai 2020

Trade geschlossen: Ziel wurde erreicht

Target is now reached, but since NAS100 is always in bullish momentum, am holding a second position until i identify a new extreme high where I can discover momentum shift and bearish confirmation