NASDAQ starting a new long term Channel Up.

Nasdaq is getting rejected today after the very high opening as it hit the top of its Bearish Megaphone pattern.
The same 1D candle is seen at the end of the last Bearish Megaphone when it broke upwards in early January.
The price got supported on the MA50 (1D).

Trading Plan:
1. Buy on the current market price.

Targets:
1. 13450 (Fibonacci extension 1.5).

Tips:
1. A Golden Cross is only 2 days before forming.
2. The RSI (1D) also forms a sequence identical to January 9th.

Please like, follow and comment!!