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NASDAQ 100 Hits Key Resistance: Is a Retracement Imminent?

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In this video, I analyze the NASDAQ 100 (#NAS100) as it trades into a key resistance level, appearing overextended on the 4-hour timeframe. I discuss the potential for a counter-trend trade, targeting a retracement to the 50% Fibonacci level of the previous price swing. Watch for insights and strategies on navigating this setup! Not financial advice.
Trade closed: target reached
Target reached. snapshot
fxtraderanthony
👀 👉 BUY/SELL SIGNALS INDICATORS FREE TRIAL:
🔥🚀 youtu.be/DRQZtZb9Zbo
MASTER COUNTER TREND SCALPING:
🔥🚀 youtu.be/wEFo-d6PdGg
Join our Telegram:
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Also on:
Chart PatternsNASDAQ 100 CFDnas100analysisnas100ideanas100signalnas100signalsnasdaqTrend Analysisus100us100analysisus100signalWave Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsNASDAQ 100 CFDnas100analysisnas100ideanas100signalnas100signalsnasdaqTrend Analysisus100us100analysisus100signalWave Analysis
fxtraderanthony
👀 👉 BUY/SELL SIGNALS INDICATORS FREE TRIAL:
🔥🚀 youtu.be/DRQZtZb9Zbo
MASTER COUNTER TREND SCALPING:
🔥🚀 youtu.be/wEFo-d6PdGg
Join our Telegram:
t.me/anthonys_forex
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.