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๐Ÿ“ˆ Nasdaq Third Wave Of Increases ๐Ÿ“ˆ

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๐Ÿ“ˆ Nasdaq Third Wave Of Increases

๐Ÿ“ˆ Nearest strong support zone: around the lows of the last correction

๐Ÿ“ˆ Nearest strong resistance zone: around the fibo level 0.236 of the downward wave

๐Ÿ“ˆ Technical environment:

- Moving averages: 50/50

- MACD: Uptrend

- RSI: Uptrend

๐Ÿ“ˆ Price action: the Nasdaq broke out again during Friday's session, returning to the area of the peaks of the last uptrend. Looking at the price formation and the renewed attack in a northerly direction, given the fact that we did not fall to new lows two weeks ago it looks like the possibility of a continuation of the third wave of growth. I expect the continuation and maintenance of the upward movement over the next weeks months

๐Ÿ“ˆ The scenario I am playing out is the continuation of the uptrend. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

๐Ÿ“ˆ Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

๐Ÿš€ If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. ๐Ÿš€
Nota
InvestMate๐Ÿ’ฒ Nasdaq Reached A Strong Resistance Zone ๐Ÿ’ฒ

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