euro_trade

Nasdaq shows C+H pattern and just broke the handle

Long
SKILLING:US100   US100 CFD
We see the classic cup & handle pattern in the Nasdaq 100, where currently the handle in the downtrend was broken upwards and retested. Thus, further highs are expected, above the previous 52w high and then the ATH.

Furthermore, with Friday's close, the MA50 in 4H was exceeded, which is also bullish.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.