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).
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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
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.