At horizontal resistance and downtrend_line, with several Pin bars, below Fib confluence, breaking uptrend_line. Potential WW formation, within larger Triangle. Bearish Divergence on the Stochastics.
Comments
BoonOng
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Agree with Ivan.
Triangle broken as well. Should it continue the down when market open.
IvanLabrie
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Or open with a gap down!
rv
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yes possible, thanks for all comments.
Realisto_FX
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I like the technical setup but I don´t like the macro view of Nasdaq making new record highs. To join the short side I need price below the descending trendline
IvanLabrie
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Definitely looking like a short.
jangseohee
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but there are someone looking to Long XD
chances are 0.01%
Triangle broken as well. Should it continue the down when market open.