Yuba_Tamazgha
Short

Potential bearish crab setup

FX:NAS100   NASDAQ 100 index of US listed shares
Although there is naked structure of resistance and no confluence, I would like to see some bearish divergence on the RSI to confirm this pattern reversal. Nasdaq have been bullish quite sometime and it is indeed due for pullback to catch a breathe.. This pattern could very well confirm that. Looking to take a target no more than previous resistance now turn support at the X leg.


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zou
2 years ago
thanks for the chart
Reply
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