Although there is naked structure of resistance and no confluence, I would like to see some bearish divergence on the RSI to confirm this pattern reversal. Nasdaq have been bullish quite sometime and it is indeed due for pullback to catch a breathe.. This pattern could very well confirm that. Looking to take a target no more than previous resistance now turn support at the X leg.
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For inquires of education, live trading room, or prop trader funding email
epicdaytrading@gmail.com
Skype: epicdaytrading
PH: +1 940-448-0281
******************************************************************************
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