Hello everyone, 👋
After yesterday's session, the market remains in a short-term bullish structure, but we're approaching an area where buyers may start losing momentum. With the recent rally, chasing LONG positions at current levels carries a less attractive risk-to-reward ratio.
Today, traders will be watching U.S. economic data and earnings-related headlines, as they could easily increase volatility during the New York session. If buyers manage to hold key support levels, the uptrend may continue. However, any rejection from resistance could trigger a healthy intraday pullback before the next move higher.
🟢 As always, a break above the green level will have me looking for immediate long opportunities.
🔴 A break below the red level will shift my focus toward potential short setups.
⚠️ This analysis is for educational and informational purposes only and should not be considered financial advice. Always conduct your own research and manage risk appropriately before making any trading decisions.
After yesterday's session, the market remains in a short-term bullish structure, but we're approaching an area where buyers may start losing momentum. With the recent rally, chasing LONG positions at current levels carries a less attractive risk-to-reward ratio.
Today, traders will be watching U.S. economic data and earnings-related headlines, as they could easily increase volatility during the New York session. If buyers manage to hold key support levels, the uptrend may continue. However, any rejection from resistance could trigger a healthy intraday pullback before the next move higher.
🟢 As always, a break above the green level will have me looking for immediate long opportunities.
🔴 A break below the red level will shift my focus toward potential short setups.
⚠️ This analysis is for educational and informational purposes only and should not be considered financial advice. Always conduct your own research and manage risk appropriately before making any trading decisions.
Trade chiuso: obiettivo raggiunto
💚 SHORT Target Reached! 💚+112 points on NASDAQ!
Nota
Now we're waiting for the U.S. session.There's a good chance we'll get another opportunity to trade this setup. 💚
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.