BULLS ON NASDAQ CONTINUE
The NASDAQ has created a cone-like bullish channel.
The price has retraced at 0.618, making the target set at 0.618.
RED retrace = RED target
I foresee an inverse H&S pattern. My strategy is buy the NASDAQ once it breaks and retests the counter trendline.
My first TP point will be at the all time high of 12466.6. I will wait for a further break of this price before I buy to wards the FIB target of 0.618 (12911.9)
The price has retraced at 0.618, making the target set at 0.618.
RED retrace = RED target
I foresee an inverse H&S pattern. My strategy is buy the NASDAQ once it breaks and retests the counter trendline.
My first TP point will be at the all time high of 12466.6. I will wait for a further break of this price before I buy to wards the FIB target of 0.618 (12911.9)
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