On the Nasdaq chart, we can see a possible inverse head and shoulders forming on the daily timeframe to continue a bull run. Once price reaches the blue zone, look for bullish price action confluences.
The red line indicates the scenario if the inverse Head and shoulders fails
The red line indicates the scenario if the inverse Head and shoulders fails
Note
We got a daily Morning Star price action
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For more value and signals, join the Skyboxpips community t.me/Skyboxpips
Follow us on Instagram @skyboxpips
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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.