Hi Guys, We had a beautiful drop this morning on nasdaq bringing price down to 12460 one of our key levels. We can see a double top formed and we may see the bears continue bringing price back to 12460. A break there will bring it down to 12316- 12094. As for the bulls next target will be 12787- 13000.
This week will be very interesting especially with all the uncertainty with coronavirus. We may finally see a break of the current bullish trend.
Key levels are so important as they will be your guide to your entries. If you key levels are wrong you entry will be wrong, you will end up entering too early meaning stop loss hit, or too late where you missed it. After you get your levels most people don't know what to do with them. You need to find techniques that work for you. All those who have done my course trade in my style and have been very successful. It simple strategy anyone can use- you don't need years of experience to be profitable.
All the best this week guys
This week will be very interesting especially with all the uncertainty with coronavirus. We may finally see a break of the current bullish trend.
Key levels are so important as they will be your guide to your entries. If you key levels are wrong you entry will be wrong, you will end up entering too early meaning stop loss hit, or too late where you missed it. After you get your levels most people don't know what to do with them. You need to find techniques that work for you. All those who have done my course trade in my style and have been very successful. It simple strategy anyone can use- you don't need years of experience to be profitable.
All the best this week guys