Nasdaq has formed a Golden Cross on the (1h) time frame while also crossing above the Falling Resistance of the last 3 weeks.
This is a bullish reversal break out.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 20370 (the 2.0 Fibonacci extension from the last high).
Tips:
1. The RSI (1h) as already been on a Rising Support, hence bullish divergence since yesterday.
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This is a bullish reversal break out.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 20370 (the 2.0 Fibonacci extension from the last high).
Tips:
1. The RSI (1h) as already been on a Rising Support, hence bullish divergence since yesterday.
Please like, follow and comment!!
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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.