Nasdaq is forming a Rising Wedge pattern!!!

It seems that the Nasdaq is forming a Rising Wedge pattern near the 🔴resistance zone($ 14,060-$ 13,610)🔴.

I expect the Nasdaq to start falling after touching the upper line of the rising wedge pattern and the resistance zone. Nasdaq's falling target could be the next 🟢support zone($ 12,470-$ 12,040)🟢.

Nasdaq 100 Index Analyze (NDXUSD), Daily time frame⏰.

Do not forget to put Stop loss for your positions (For every position that you want to open).

Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.

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Yorum:

Running well