A Bullish Week for Nasdaq(US100) 14/10/24

This week we are bullish on the Nasdaq because of how the price rallied up last week despite the dollar also going up. The level that we will be looking at to take our first take profit if the price continues going up is 20794.8. The price might pull back to level 20149.1 before the move up, or it might retrace deeper to level 20037.9. Because we are bullish this week, we will be more inclined to look for buy setups than sell setups.   

Forex trading is a marathon, not a sprint. Consistency beats speed.