Hello everyone,
Yesterday I discussed about NAS100 and its current developments on lower timeframe. I spotted certain patterns that seems to repeat themselves. You can take your time to read my previous idea on this to have an idea of what I am talking about by following the link below.
If we expect a bull rally soon as discussed yesterday and possible reach 13000 in the near future, it is easy to believe that we will see a giant inverse head and shoulders on the higher timeframe which will eventually sponsor a strong bullish move to the upside and change the overall trend in this market.
Keep in mind that the market may not turn out to exactly move in the same way, even if we can be confident in its future destination. I for my part will use the overall idea as a road map, but the streets may be curved.
If you enjoy this idea please do not forget to show your support with likes. I will highly appreciate it.
If you have any question, feel free to ask in the comment section below.
Yesterday I discussed about NAS100 and its current developments on lower timeframe. I spotted certain patterns that seems to repeat themselves. You can take your time to read my previous idea on this to have an idea of what I am talking about by following the link below.
If we expect a bull rally soon as discussed yesterday and possible reach 13000 in the near future, it is easy to believe that we will see a giant inverse head and shoulders on the higher timeframe which will eventually sponsor a strong bullish move to the upside and change the overall trend in this market.
Keep in mind that the market may not turn out to exactly move in the same way, even if we can be confident in its future destination. I for my part will use the overall idea as a road map, but the streets may be curved.
If you enjoy this idea please do not forget to show your support with likes. I will highly appreciate it.
If you have any question, feel free to ask in the comment section below.
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