Possible trade shaping up on the Nasdaq.
1hr trendline a channel with a 50-61.8% fib zone
Previous days profile providing a low volume node as support
5min counter trend failure for possible breakout point. Otherwise, previous lower high or resistance might be worth looking at
1hr trendline a channel with a 50-61.8% fib zone
Previous days profile providing a low volume node as support
5min counter trend failure for possible breakout point. Otherwise, previous lower high or resistance might be worth looking at
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.