MauroF07

Buy Nasdaq

Long
MauroF07 Updated   
FX:NAS100   US 100 Cash CFD
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.
Comment:
Unfortunately it was a very short loss. If it was a bigger one it would the perfect trade.
On to the next one.
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