afcapitaltrading

NASDAQ LOOKING BULLISH IF WE WERE TO BREAK THE NECKLINE

Long
OANDA:NAS100USD   US Nas 100
As you can see there is a Head and shoulders pattern forming in an inverted matter, this patter also adds up with a previous double bottom formed and completed which sets a lot of signals for a bullish bias, also due to the performance of us stocks, specially FAANG + BAT, crossing necklines would end up giving us a great long oportunity. waiting for a clear breakout of a bullish daily candle and a retracement of the movement to the .5 or .382 to get in bullish
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