Nasdaq crash by🗻Double Top Pattern🗻

10 de jul. de 2023

Nasdaq is moving near the 🔴resistance zone(15,385-$15,160)🔴, and the formation of an Exhaustion gap can be a 💡Sign💡 of the end of the upward trend of the Nasdaq these few weeks.

Also, due to the Regular Divergence(RD-) between two consecutive peaks, the possibility of forming a 🗻Double Top pattern🗻 is very high.

🔔I expect the Nasdaq to fall to at least the 🟢support zone($ 14,060-$ 13,610)🟢 after breaking the uptrend line and neckline.

Nasdaq 100 Index Analyze (NDXUSD), 4-hour time frame⏰.

Do not forget to put Stop loss for your positions (For every position that you want to open).

Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.

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10 de jul. de 2023

Trade ativo