since the nasdaq failed to hold the uptrend and also failed to stabilize at the 0.786 fib level from the uptrend started in January this year, I see nasdaq testing 12k levels again with the next supports at 12.200 and 0.618 fib slightly above 12k. Next, the 4H 200MA, currently at 11.900 can be tested again. Personally, I expected some bounce around 12.200 and around the 12.000 - 12.050 levels
I wonder what you think of that idea. This is no trading recommendation!
Trade geschlossen: Ziel wurde erreicht
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First Target 12.200 reached. I will take some profits here and adjust the SL