US 100Panjang
NASDAQ Huge success, now targeting 16000!
Nasdaq had a great run hitting our 15000 target after we called a buy on the exact bottom on Oct 26th (chart link in the end).
Now the price broke over the 4 month Channel Down, which on the greater scale turns out to be just a long Bull Flag, and is aiming at Resistance A and B.
In fact based on the fact that the current rally started when the 1day RSI bounced on the 33.30 Support and the 1day MACD formed a Bullish Cross on the exact same level as the January pattern, we expect the trend to follow a similar path with the 1day MA50 supporting from now on.
Buy again and target 16000 (Fibonacci 1.5 extension like the February 2nd top).
Previous chart:
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Now the price broke over the 4 month Channel Down, which on the greater scale turns out to be just a long Bull Flag, and is aiming at Resistance A and B.
In fact based on the fact that the current rally started when the 1day RSI bounced on the 33.30 Support and the 1day MACD formed a Bullish Cross on the exact same level as the January pattern, we expect the trend to follow a similar path with the 1day MA50 supporting from now on.
Buy again and target 16000 (Fibonacci 1.5 extension like the February 2nd top).
Previous chart:
Follow us, like the idea and leave a comment below!!
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
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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.
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
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.