Faibik

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

Long
FX:NAS100   US 100 Cash CFD
#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.



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