Panjang
šUS100 MAJOR SETUPā¼ MUST SEE
US100/Nasdaq has been very bearish, and it quite likely could continue to do so.
I have spotted a deeper retracement and have also managed to spot out the end of an Elliot wave sequence, highlighting a reversal.
Price has also given us a third touch on the supporting trendline and we could expect a more dramatic reaction in a longer term perspective.
Price finding support and reversing in these areas could also form a double bottom, which is a bullish reversal pattern.
We should wait for bullish structure to start forming on the 4H first then long.
Price may retrace of reverse
Make sure you follow to stay updatedš
$CURRENCYCOM:US100
I have spotted a deeper retracement and have also managed to spot out the end of an Elliot wave sequence, highlighting a reversal.
Price has also given us a third touch on the supporting trendline and we could expect a more dramatic reaction in a longer term perspective.
Price finding support and reversing in these areas could also form a double bottom, which is a bullish reversal pattern.
We should wait for bullish structure to start forming on the 4H first then long.
Price may retrace of reverse
Make sure you follow to stay updatedš
$CURRENCYCOM:US100
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.