Our Nasdaq trade hit the first target... The price is remaining in the downtrend, but the RSI is breaking above the downtrend and is showing possible upward momentum. It's too soon to decide the next entry point, but we remain with a bearish bias as long as price remains below the downtrend line.
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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