Here at the H2 TF, the Nasdaq is falling reacting from 122.98 for what could be a future buying price.
And for My Analysis
Price got rejected three times from my upper trend-line holding still at 120.09 without a L for a swing high. This causes uncertainty for bearish investors as price could potentially reverse and break resistance to continue the up-trend that's shown by the bottom trend-line.
In my view, price-action has made three touches and is below my 0.78 Fib, so I believe price will further drop, this indicating to me that although the dollar could rise -will drop due stock market concerns.
And for My Analysis
Price got rejected three times from my upper trend-line holding still at 120.09 without a L for a swing high. This causes uncertainty for bearish investors as price could potentially reverse and break resistance to continue the up-trend that's shown by the bottom trend-line.
In my view, price-action has made three touches and is below my 0.78 Fib, so I believe price will further drop, this indicating to me that although the dollar could rise -will drop due stock market concerns.
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.