Nas100 there is a possibility of a larger correction
If all the moves are fulfilled and Nasdaq100 does not make a new HH, we can see it falling to form a new LL.
If Nas100 is forming a bearish Flag, I will only enter after it has been completed and violated. Otherwise we should also keep in mind that the bullish momentum is strong and buyers can still push price to the upside to reach the top of the long term rising channel on HTM before declining.
Traders, please make sure to see my previous analysis and don't forget to like and share your thoughts in the comment section below. I will highly appreciate the gestures.
If Nas100 is forming a bearish Flag, I will only enter after it has been completed and violated. Otherwise we should also keep in mind that the bullish momentum is strong and buyers can still push price to the upside to reach the top of the long term rising channel on HTM before declining.
Traders, please make sure to see my previous analysis and don't forget to like and share your thoughts in the comment section below. I will highly appreciate the gestures.
