Nasdaq Analysis - 4Hr timeframe
Please check the higher timeframe analysis to understand what is happening.
I can see there is a rising channel and price has hit the top of the channel also the key area of resistance. If price does push down we can expect it to come down to areas of 12711-12225.
I can see there is a rising channel and price has hit the top of the channel also the key area of resistance. If price does push down we can expect it to come down to areas of 12711-12225.
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Related publications
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.