Nasdaq / US100 is trading inside a Channel Up, which is currently on a pullback.
This correction is approaching the pattern's bottom which happens to be on the 4hour MA200. The last two such contacts have been buy opportunities.
Also the 4hour RSI is oversold at 30.00 and the last two times it was on this level, they were again buy opportunities.
Buy and target the upper Resistance at 22230.
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This correction is approaching the pattern's bottom which happens to be on the 4hour MA200. The last two such contacts have been buy opportunities.
Also the 4hour RSI is oversold at 30.00 and the last two times it was on this level, they were again buy opportunities.
Buy and target the upper Resistance at 22230.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.