Nasdaq has created the descending triangle pattern on 15-30 min time frame. And it is happening on an important support **12000**
For this price (support), it has been trying to close 1H/4H candle to go bellow, but failed.
However, the pattern is in place.. wait for breakout and retest for confirmation. This price range so a lot of volatility, so keep you SL in place.
Best of luck,
For this price (support), it has been trying to close 1H/4H candle to go bellow, but failed.
However, the pattern is in place.. wait for breakout and retest for confirmation. This price range so a lot of volatility, so keep you SL in place.
Best of luck,
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.