Nasdaq is moving near the ðīresistance zone(15,385-$15,160)ðī, and the formation of an Exhaustion gap can be a ðĄSignðĄ of the end of the upward trend of the Nasdaq these few weeks.
Also, due to the Regular Divergence(RD-) between two consecutive peaks, the possibility of forming a ðŧDouble Top patternðŧ is very high.
ðI expect the Nasdaq to fall to at least the ðĒsupport zone($ 14,060-$ 13,610)ðĒ after breaking the uptrend line and neckline.
Nasdaq 100 Index Analyze (NDXUSD), 4-hour time frameâ°.
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.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
Also, due to the Regular Divergence(RD-) between two consecutive peaks, the possibility of forming a ðŧDouble Top patternðŧ is very high.
ðI expect the Nasdaq to fall to at least the ðĒsupport zone($ 14,060-$ 13,610)ðĒ after breaking the uptrend line and neckline.
Nasdaq 100 Index Analyze (NDXUSD), 4-hour time frameâ°.
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.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
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