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Sahle
Nov 7, 2023 4:01 PM

NASDAQ's Bullish Banner:US100's Falling Flag Sets Stage for 1680 Long

US 100Capital.com

Description

1.Price Formation: The price has broken out from a FALLING FLAG price formation on a daily chart.
2.Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating bullish momentum.
3.200-day Moving Average is below the Price.
4.Thus, Mas 7>21>200
5.Relative Strength Index (RSI): The RSI is > than 50, indicating bullish momentum and potential further upward movement.
Price Target: 16800

Trade closed: target reached

we have hit target profit
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