On the NASDAQ chart, we can see that the instrument is bouncing off the wedge support 7400-7450 zone for a possible one more upside swing into the 7750 level. The instrument is in the six months rising wedge.
Note: look for the long trade entries with a stop loss below the 7450 level.
Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position risk free. We are publishing daily and weekly analysis and 5-10 trade alerts per week directly on your mobile device via Private twitter feed and Private Telegram group!
