The Nasdaq index, after its long decline, is now making a correction towards the 17230 level.
chart in the 4-hour time frame, it tells us that the downtrend of the Nasdaq is confirmed and will continue to fall as long as the price is below the 17400 and 17230 levels.
After the Nasdaq index reaches the 17230 level, it will reverse downward to reach the 17000 level and below the 16660 level.
But to start the upside, we need a positive wave upwards, and we need to break the 17230 and 17400 levels.
Pivot level: 17400
Tendency: down trend
Entry Price: 17152
chart in the 4-hour time frame, it tells us that the downtrend of the Nasdaq is confirmed and will continue to fall as long as the price is below the 17400 and 17230 levels.
After the Nasdaq index reaches the 17230 level, it will reverse downward to reach the 17000 level and below the 16660 level.
But to start the upside, we need a positive wave upwards, and we need to break the 17230 and 17400 levels.
Pivot level: 17400
Tendency: down trend
Entry Price: 17152
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support