Nasdaq broke out of an ascending channel. Right now it went back to retest a significant zone. Would you blame me if I sell it?
Wait for the break of the Resistance + Retest for confirmation
In this technical analysis we are presented with what I call patterns within patterns. The first pattern being Head and Shoulder and within the same opportunity a descending triangle was spotted.
I am expecting Gold to create a Head and Shoulder structure. Let's Eat It's not prophecy, It's pure price action forex
Sell @30011 to the end of the Rising Wedge
US30 is showing a rising wedge on the daily timeframe after an impulsive move to the upside. This may be a possible reversal We will switch to 1H to look for a breakout and retest of the rising wedge.