Maxxchineee
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0Joined Dec 12, 2020
chartpattern
fundamental
harmonicpatterns
trendanalysis
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The Nasdaq 100 (US100) is hovering near all-time highs (~23,500), but signs of exhaustion are mounting. Momentum is fading, RSI is overstretched, and volume has been declining - all classic symptoms of a tired rally. From a technical perspective, the index is pressing against upper trendline resistance after an aggressive multi-week run. Price action shows...
5
I'm currently watching EUR/USD as it's forming an ascending triangle on the lower timeframes. Price has been respecting the lower resistance while printing higher lows - suggesting bullish pressure building up. A breakout above the upper area could trigger a larger move to the upside. My first target for the breakout sits around 1.161 based on the triangle...
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