Technical Analysis Nasdaq NDX [New Trading Idea]
Nasdaq just broke the resistance level at 6000. If it is not a fake break out or bull trap the index can test the upper trend line at 6300.
Stop loss: 5840
Target: 6300 – if the index touches the upper trend before reaching 6300, the position will be closed.
Reward/Risk ratio: 1,5
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No Investment or Financial Advice.
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