Hello Everybody,
Hope you all had a great weekend.
As you all already know nasdaq has been consolidating in a range from 12850-12500. So what am I looking for this week?
The market is still in bullish channel. It looks like its touched the bottom of this channel and price moved back up and is moving towards 12850 zone again. For price to carry on bullish we will need a break of 12850 and for price to push further down we will need a break of 12500. I have marked out area where the bull and bears can take control. Right now its a fight between the both and we can continue making money in the range.
Hope you all had a great weekend.
As you all already know nasdaq has been consolidating in a range from 12850-12500. So what am I looking for this week?
The market is still in bullish channel. It looks like its touched the bottom of this channel and price moved back up and is moving towards 12850 zone again. For price to carry on bullish we will need a break of 12850 and for price to push further down we will need a break of 12500. I have marked out area where the bull and bears can take control. Right now its a fight between the both and we can continue making money in the range.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.