Nasdaq is getting rejected today after the very high opening as it hit the top of its Bearish Megaphone pattern.
The same 1D candle is seen at the end of the last Bearish Megaphone when it broke upwards in early January.
The price got supported on the MA50 (1D).
Trading Plan:
1. Buy on the current market price.
Targets:
1. 13450 (Fibonacci extension 1.5).
Tips:
1. A Golden Cross is only 2 days before forming.
2. The RSI (1D) also forms a sequence identical to January 9th.
Please like, follow and comment!!
The same 1D candle is seen at the end of the last Bearish Megaphone when it broke upwards in early January.
The price got supported on the MA50 (1D).
Trading Plan:
1. Buy on the current market price.
Targets:
1. 13450 (Fibonacci extension 1.5).
Tips:
1. A Golden Cross is only 2 days before forming.
2. The RSI (1D) also forms a sequence identical to January 9th.
Please like, follow and comment!!
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Also doing account management, earn +15% monthly profit!
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.