NASDAQ (NAS100) Fell From The FCP Zone But Consolidating -Levels
Traders,NASDAQ (NAS100) looks very over extended and has fallen from the FCP zone that we analysed weeks ago but it is now consolidating. That means that it can move higher once possibly to create a bull trap. However as a W pattern is complete we can have a lower movement ultimately. A full video analysis is available on the channel (link in the signature below this chart). Here are the important levels that we should look at for support and resistance.
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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
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