NASDAQ Top Down Analysis
Daily- Hanging Man Candlestick Pattern. Expecting Bearish Movement.
4H- "M" Pattern/Double Top.
1H- Doji (Indecision Candle) at top of last leg on "M" Pattern.
Expecting price to fully react to pattern once it breaks the neckline. Should see it return to 15000 area to complete pattern.
4H- "M" Pattern/Double Top.
1H- Doji (Indecision Candle) at top of last leg on "M" Pattern.
Expecting price to fully react to pattern once it breaks the neckline. Should see it return to 15000 area to complete pattern.
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