Looking at the bigger picture we can clearly see that Nasdaq is in an upward trend.
i have used my uniquely different Fibonacci Retracement tool to find an entry point just at the rejection at my Quarter Point.
this zone is between what i can the 50% to 64.8% zone of the Fib aka "The Golden Entry" zone my stoploss is not more than 50 points and my take profit is rather large.
i expect it to at least give me +/-500 pip of profit. it will take a while but lets follow the overall trend.
i have used my uniquely different Fibonacci Retracement tool to find an entry point just at the rejection at my Quarter Point.
this zone is between what i can the 50% to 64.8% zone of the Fib aka "The Golden Entry" zone my stoploss is not more than 50 points and my take profit is rather large.
i expect it to at least give me +/-500 pip of profit. it will take a while but lets follow the overall trend.