Nasdaq Cash
Long

Buy setup day trading Nasdaq Index

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I'm eyeing a potential long entry on the Nasdaq Index as it approaches a key support zone (Personalised strategy). If we see a bullish reversal pattern, such as a hammer or bullish engulfing candle (in 1 min timeframe), this could signal a strong buying opportunity. The goal is to ride the move upwards (RRR mentioned). This setup offers a favorable risk-to-reward ratio in line with the current market trend.

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