Following on from our last post, we are seeing the wave B decline and almost at completion. We are anticipating the next wave C during the FED rate decision on March 16th. Depending on what they decide on how to deal with the balance sheet, we may see a nice relief rally.
The area to look for a bounce is the recent structure level at 13,000. If we move below that structure level, we're looking at 12,000 - 12,600 level for a bullish reaction.
Trade idea:
- Watch for price to move lower to the structure level or just below structure level
- Watch for bullish pressure around the time of FED event
- Enter with stops below the lows
- Targets: 14,300 (1,400pips), 15,200 (2,400pips)
Goodluck and trade safe!
See below for our previous analysis on NASDAQ.
The area to look for a bounce is the recent structure level at 13,000. If we move below that structure level, we're looking at 12,000 - 12,600 level for a bullish reaction.
Trade idea:
- Watch for price to move lower to the structure level or just below structure level
- Watch for bullish pressure around the time of FED event
- Enter with stops below the lows
- Targets: 14,300 (1,400pips), 15,200 (2,400pips)
Goodluck and trade safe!
See below for our previous analysis on NASDAQ.
Nota
NASDAQ 2D 
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Want more breakdowns like this? Links below:
📊 Free analysis (Telegram):
t.me/Wicktator
t.me/Crypto_Wick
⭐ VIP - Forex, Gold, Bitcoin:
t.me/WicktatorVIP_bot
📊 Free analysis (Telegram):
t.me/Wicktator
t.me/Crypto_Wick
⭐ VIP - Forex, Gold, Bitcoin:
t.me/WicktatorVIP_bot
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.