My last chart on NASDAQ was on a bearish trend but the new price action has made me changed my mind.
I had to analyse the trend on the chart on 2H time scale and it shows a different pattern
The chart has all the details. It can be seen that there are double bottom patterns but never a double top pattern. Everytime it reaches a new high again, it has surpassed it.
Keeping the same pattern, I think it will be a new high this time again.
I am looking at something between 6100 - 6200
Lets see how it goes. :)
I had to analyse the trend on the chart on 2H time scale and it shows a different pattern
The chart has all the details. It can be seen that there are double bottom patterns but never a double top pattern. Everytime it reaches a new high again, it has surpassed it.
Keeping the same pattern, I think it will be a new high this time again.
I am looking at something between 6100 - 6200
Lets see how it goes. :)
edition.cnn.com/2017...lear-test/index.html
It may change the dynamics of this trade