NASDAQ Hit the MA50 (4h). Will it hold?

Nasdaq is on a correction leg after being rejected on the Falling Resistance of the Falling Wedge pattern, a little under the 0.786 Fibonacci level as the September 1st Lower High did.
It hit today the MA50 (4h) and that can generate a short term rebound.
Below that, the correction of the Wedge will be extended lower.

Trading Plan:
1. Buy on the current market price.
2. Sell if the price closes a (1d) candle under the 0.382 Fibonacci level (as September 19th).

Targets:
1. 15200 (little over Fibonacci 0.618).
2. 14600 (over Support).

Tips:
1. The Falling Wedge keeps the medium term bearish. We need a crossing over Resistance (1) to restore the long term bullish trend of 2023.

Please like, follow and comment!!

Notes:
Past trading plan:

NASDAQ Wait for the right sell entry at the top of the Wedge.

NASDAQ Triple buy signal on the short term.

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