Good risk-reward on Nasdaq!

We have a good pattern on Nasdaq 100 today. In the 4h chart we see a good divergence between price and RSI, and there is almost a double bottom pattern.

We had a strong bullish candlestick close to the support level, and the risk-reward is pretty interesting now. It must not lose today's low, though. The 13.7k is the target for now.

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See you soon,
Melissa.
divergencetradingTechnical Indicatorsnasdaqnasdaq100Relative Strength Index (RSI)rsidivergenceSupport and ResistanceTrend Analysis

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