InvestMate 💲 Nasdaq Begins Correction As Written 💲
💲 Nasdaq Begins Correction As Written
💲 Nearest strong support zone: around the 0.236 fibo level of the downward wave.
💲 Nearest strong resistance zone: around recent peaks.
💲 Technical environment:
📊 Moving averages: uptrend
📊 MACD: 50/50
📊 RSI: Uptrned
💲 Price Action: Nasdaq has started to execute a downward correction exactly as I announced in my last post:
As I wrote, I expect a flatter correction which, with its range, will not fall until near the support zone marked on the chart. For now, I am waiting for the market to start forming some kind of uptrend continuation formation.
📉 The scenario I'm playing out is to wait for the correction to end and join the next upward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. 🚀
💲 Nearest strong support zone: around the 0.236 fibo level of the downward wave.
💲 Nearest strong resistance zone: around recent peaks.
💲 Technical environment:
📊 Moving averages: uptrend
📊 MACD: 50/50
📊 RSI: Uptrned
💲 Price Action: Nasdaq has started to execute a downward correction exactly as I announced in my last post:
As I wrote, I expect a flatter correction which, with its range, will not fall until near the support zone marked on the chart. For now, I am waiting for the market to start forming some kind of uptrend continuation formation.
📉 The scenario I'm playing out is to wait for the correction to end and join the next upward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. 🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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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.
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
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.