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US Nas 100
Long

Catch some pips

By Big_Player
Updated
ON the daily TimeFrame after the engulfine bar, we ended with a bullish candle with a long upper (which is a pattern that comes nearly everytime in the market), and after this pattern we should expect to see the market going to fill the wick of the previous candle. On the 4H time frame, after the outbreak of the trendline, we see the market coming back for a clear retest.. so we should expect a move to the upside. That makes a perfect confluence with what we saw in the daily analyis. So we can wait for the end of this bullish candle and then take the trade for the upside cause it provides us with a good risk reward and probabilities to the upside
Trade closed manually
Chart PatternsFundamental AnalysisNASDAQ 100 CFDpriceactionTrend Analysisus100
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