Nasdaq / US100 is consolidating around the 4hour MA50. It is a similar Cup and Handle pattern with August 24th.
Buy and target 15050 (4hour MA200). Then wait for a 1day pull back. Re-buy and target 15330 (Fibonacci 0.382) under the Falling Resistance.
RSI patterns identical, both showing we are in the phase of the 4hour MA50 consolidation.
Previous chart:
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Buy and target 15050 (4hour MA200). Then wait for a 1day pull back. Re-buy and target 15330 (Fibonacci 0.382) under the Falling Resistance.
RSI patterns identical, both showing we are in the phase of the 4hour MA50 consolidation.
Previous chart:
Follow us, like the idea and leave a comment below!!
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