Get started
US Nas 100
Long

DOUBLE BOTTOM SUPPORT and BULLISH DIVERGENCE

By Belov_Amaraa_Asa
Double bottom support has been made on ascending trendline on 1hour chart. And also we can see Bullish divergence made on the chart already. When we draw Fibonacci retracement, there was clear resistance on 0.5 level and i think trend will go through 0.5 level and retest the 0.5 level and go to the next level of resistance around 12640 to 12700.
Bullish DivergenceChart PatternsDouble BottomFibonacci RetracementTechnical IndicatorsNASDAQ 100 CFDTrend 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.