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tekniquefrs

16% rally potential

Long
NASDAQ 100 E-mini Futures (CME_MINI:NQ1!)  
tekniquefrs  
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Chart Patterns Trend Analysis
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chartpattern trendanalysis
NASDAQ is forming a diamond in a diamond. The first diamond broke out and followed the measured move to a T! If the price can breakout of the bigger diamond there's potential for a 16% rally up to $13.5k-$13.7k area.
However, if the diamond breaks down it'll indicate a continuation in the current trend.
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