Nasdaq has been climbing since today's news released at 12PM GMT ,Tesla reaching record levels of $1,500 pushing NAS past $11,000.
Today's news rallied the stocks up to record highs and price action broke out of a current uptrend channel,with the news over
we are looking for long positions after a re-test of our level at $10,876.7 + 0.5 fib level.
We will see where NAS decides to go after re-tests and more effective news coming towards the end of the month with Earning reports of major companies.
BIAS: Currently Bullish,looking for re-test and continuation upwards depending on US corona situation and news.
Today's news rallied the stocks up to record highs and price action broke out of a current uptrend channel,with the news over
we are looking for long positions after a re-test of our level at $10,876.7 + 0.5 fib level.
We will see where NAS decides to go after re-tests and more effective news coming towards the end of the month with Earning reports of major companies.
BIAS: Currently Bullish,looking for re-test and continuation upwards depending on US corona situation and news.
Kommentar:
UPDATE:
Looking for entries around $10,600 levels where the price created a double bottom. looking for price to reverse on 15m time frame and place long order.
If price continues being bearish we will be looking at our resistance level at $10,520 and look for reversals on 15m time frame and place a long order.
Keeping an eye out on news that could also move the market more downwards,if so we will stop looking for long entries.
Looking for entries around $10,600 levels where the price created a double bottom. looking for price to reverse on 15m time frame and place long order.
If price continues being bearish we will be looking at our resistance level at $10,520 and look for reversals on 15m time frame and place a long order.
Keeping an eye out on news that could also move the market more downwards,if so we will stop looking for long entries.
As you can see our level has hit,we are waiting for a signal to long this setup and catch some pips :)