Buy Nasdaq

٧ فبراير ٢٠٢٢

Looking at the bigger timeframes (TF) Nasdaq looks like it broke the downtrend starting the movement to the upside.

Confluences:

1- MACD giving buys signals
2- Moving averages about to cross to the up side (4H)
3- Price is currently at 0.38 fib level (daily) which for me indicates the end of retracement.

٩ فبراير ٢٠٢٢

ملاحظة

Unfortunately it was a very short loss. If it was a bigger one it would the perfect trade.
On to the next one.