tabletraders,
️️❗️️The purpose of this analysis is for strategic knowledge among us. If you open a position and or enter a position by looking at my analysis and strategy, please find stronger reasons and tactics so you don't make the wrong decision. here I try to spread and share understanding in reading trends rather than advice on taking positions and making money.
Technical / Bearish Reversal
Pair : Nasdaq100USD
Timeframe : 4hrs
Analysis Way : ElliottWave
From the chart,Provide information
️States
- We can attention to the movement pattern projected to the north "UPTREND" divergence occurs, and patterns have formed, this could be a reversal
From here I am waiting whether there will be a trend reversal movement in the form of a corrective pattern