Nasdaq 1:3 Risk to Reward Trade IdeaUS 100CAPITALCOM:US100Michael_HardingNasdaq is trading within a broader daily downtrend, but price has now pulled into a key area of interest around 23,350 where I’m watching for a countertrend long setup. The idea here is not that the trend has fully changed, but that price may be due for a relief bounce after the recent selloff. This zone stands out as a reaction area, and if buyers can hold it, I’m looking for a push higher into the descending trendline resistance around 24,300. Invalidation sits below 23,030, which gives this setup roughly a 1:3 risk-to-reward. RSI is also bouncing from oversold territory, which supports the idea that bearish momentum may be cooling off in the short term.