NASDAQ has formed the double top but i do not think NASDAQ will complete this pattern to fall beyond 14827 price. because looking back at price effect using the price action lines. NASDAQ is still running on a very good support and its only looking to break the doubled top resistance zones to complete the bull run before we see NASDAQ pour down massively from 15700 zone.
back to the pattern formed after confirming the supports for the bull run ,i can specifically say that NASDAQ tried to break the resistance but wasn't able to do that from the previous support and now its about to go back down to find the strongest support to push it beyond the double resistance/top. confirming that i can also see that NASDAQ has formed the head and a shoulder and its looking to print the right shoulder, therefore confirming its a sell to find the perfect support for the bull run to break the double tops.
feel free to sell NASDAQ with me.
find your entries with good risk management.
like comment and share with your friends. thanks
back to the pattern formed after confirming the supports for the bull run ,i can specifically say that NASDAQ tried to break the resistance but wasn't able to do that from the previous support and now its about to go back down to find the strongest support to push it beyond the double resistance/top. confirming that i can also see that NASDAQ has formed the head and a shoulder and its looking to print the right shoulder, therefore confirming its a sell to find the perfect support for the bull run to break the double tops.
feel free to sell NASDAQ with me.
find your entries with good risk management.
like comment and share with your friends. thanks
