Nasdaq / US100 has just started the new bullish wave of the long term Channel Up.
The bottom was made 2 weeks ago and every time the bullish wave crossed over its 4hour MA50, it is expected to make a pullback retest at some point.
This pullback is taking place today.
Whether it replicates the first bullish wave of the Channel Up or the second, the index aims for either a 22.48% total rise or the 1.382 Fibonacci extension.
Both happen to be around the same level.
Buy and target a little under them at 23400.
Previous chart:
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The bottom was made 2 weeks ago and every time the bullish wave crossed over its 4hour MA50, it is expected to make a pullback retest at some point.
This pullback is taking place today.
Whether it replicates the first bullish wave of the Channel Up or the second, the index aims for either a 22.48% total rise or the 1.382 Fibonacci extension.
Both happen to be around the same level.
Buy and target a little under them at 23400.
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。