Trade of the Day NASDAQ

NASDAQ is testing the rising wedge

 

NASDAQ is testing the rising wedge downside resistance/upside support 13500. This could be a good position for a short trade entry if we get a confirmed break below this level. A bounce here is required for the upside swing. In the case we will have a bounce from here we could see a test of 13700.

Note – take a short trade entry with the stop loss above 13600 in the case of a break below 13500

 

NASDAQ price action technical analysis

 

 

If you want to learn trading analysis and how to get to key trading levels like in this article register for Private Live mentoring with your trading evaluation.

 

Take a break from your trading routine and let some funds be run by us! Copy our trades!

Scroll to Top
×