Bullish trends Preparing on Nasdaq
Good day you great trades hope you all doing great
Here's this week's Nasdaq trading insights
Weekly trend still Bearish however we could see it change as today we are at a weekly upward trendline that is likely to be respected
Daily respected the trendline yesterday as we had a bullish close
h4 showed a slow down in momentum together with the lower timeframes
I do expect the market to retrace touch the m15 channel to the upside should that happen i will take a buy order if it doesn't then we wait for the weekly trendline to be broken on the daily
Till we meet again God bless
Here's this week's Nasdaq trading insights
Weekly trend still Bearish however we could see it change as today we are at a weekly upward trendline that is likely to be respected
Daily respected the trendline yesterday as we had a bullish close
h4 showed a slow down in momentum together with the lower timeframes
I do expect the market to retrace touch the m15 channel to the upside should that happen i will take a buy order if it doesn't then we wait for the weekly trendline to be broken on the daily
Till we meet again God bless
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