after recent growth in NASDAQ , price hit the fibonacci resistance and failed to break that level , and made engulfing candle and this is a reason why NASDAQ need some Correction , another reason is the pattern was happen before that i showed in (A) rectangle , same happen now in the (B) rectangle .
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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.