Nasdaq has formed a Rising Wedge with the price near its top.
Another pull back to the 4hour MA50 is technically feasible and if it happens, buy and target 13500.
If the price crosses above the Rising Resistance, then buy the break out and target Resistance A at 13730.
Previous chart:
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Another pull back to the 4hour MA50 is technically feasible and if it happens, buy and target 13500.
If the price crosses above the Rising Resistance, then buy the break out and target Resistance A at 13730.
Previous chart:
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.