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NASDAQ Buy opportunity on the 4hour MA200
US 100
Long
NASDAQ Buy opportunity on the 4hour MA200
By TheCryptagon
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May 4, 2023
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May 4, 2023
Nasdaq hit today the 4hour MA200 after a week of trading over it.
This is our first buy entry. The second will be if the price hits the 1day MA50, which has been untouched since March 15th.
Target the Rising Resistance at 13400. If broken, extend to Resistance A at 13730 which is the high of August 2022.
Previous chart:
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Chart Patterns
Technical Indicators
nasdaq
NASDAQ 100 CFD
NASDAQ 100 E-MINI FUTURES
Trend Analysis
us100
TheCryptagon
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