Buying Nasdaq100 on the break of 1h counter trend line break
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Nasdaq reversed sharply on the daily chart after May NFPs data. Last 4 days candle stick formation suggests that there was a false breakout to the downside. I expect market to go higher and to test 15000 in the nearterm. Buying on 1 hour counter trend line break bullish. Stop below Fridays daily low. Target - Daily up channel resistance @ 14900. R:R 1:3,6