tfshika

NAS100 Chart Analysis

Long
The market formed a double bottom on H4 time frame with a retest. Moving to lower time frame H1 we can see reversal confirmation indicating bullish move. Moving further to lower timeframe on 30 min, a consolidation is forming a flag pattern and also an additional double bottom indicating strong possibility of bullish move. As an additional confirmation, divergence strategy can be applied and also reversal candle for confluence.

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