US 100 Cash CFD
Long

NAS100 | Inverted Head & Shoulders Formation..!!!

609
#NASDAQ (Update)


In 4h timeframe, NAS100 is Forming Inverted Head & Shoulders Pattern But Right Shoulder still not Completed yet.

At the Moment, Bulls Defending the 12700 Support & In Case of Bounce towards the Key Horizontal Resistance (13330) then Right Shoulder Will be Completed.

If Key Resistance got Cleared, Next Stop would be 140000. (New ATH)


In Bearish Case, If 12700 Support Broken Downside then Nasdaq might retest the 12300 Support Area & inverted H&S Formation will be got Invalid.



Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!

Thanks for Your Love & Support..!!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.