Long

NASDAQ - Bear run over?

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Pinbar in the daily chart is signaling a slow down of the downward trend with a potential up within the next days. Target 1 is the Resistance Area and Target 2 is the lower line of the Longterm Trend Channel. Don't forget to put your SL below the Support Zone in case you pick long now. Likely the Support Zone will be retested.

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🎯 About my posts: They are kept self-explanatory in order to avoid overcomplicating and confusion. Mostly price signals and trend analysis combined with chart patterns.

Disclaimer: This is not an investment advice

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