NASDAQ- In Weekly time frame we can see it is like forming inverted H&S pattern. So we can expected a up move soon it the H&S pattern is formed.
Need to wait and see for the pattern Formation. If the pattern is formed then the 1st target will be near the 1st resistance 70.
Disclaimer: Only for learning purpose and not a trading recommendation. Do your own research
Need to wait and see for the pattern Formation. If the pattern is formed then the 1st target will be near the 1st resistance 70.
Disclaimer: Only for learning purpose and not a trading recommendation. Do your own research
Trade active:
It feels like the pattern is becoming valid. Inverted H&S . Lets wait for the right should to form completely.. Watching on it
Trade active:
H&S Pattern Formed as Predicted. So the target will be 70
Trade active:
57.81 to 64.57 ..
Trade closed: target reached:
Almost Target done