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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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.