Nasdaq / US100 is near the top of its 14 month Channel Up.
As you can see, the patterns between the only two bullish legs of the Channel Up are similar and when the July 19th 2023 top was formed, the index fell on its first bearish wave by -8.75% on its 0.236 Fibonacci level.
Sell now and target 17350 (0.236 Fibonacci) and if it closes a 1W candle under it, resell and target 16800 (-8.75% decline).
Follow us, like the idea and leave a comment below!!
As you can see, the patterns between the only two bullish legs of the Channel Up are similar and when the July 19th 2023 top was formed, the index fell on its first bearish wave by -8.75% on its 0.236 Fibonacci level.
Sell now and target 17350 (0.236 Fibonacci) and if it closes a 1W candle under it, resell and target 16800 (-8.75% decline).
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
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.