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US 100
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10 Okt 2023
NASDAQ Short term Resistance sell but buy if 15520 breaks.
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Ambil chart ini
Ambil chart ini
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Nasdaq / US100 is about to hit our second target (chart at the end) as it is approaching the Falling Resistance.
Our strategy was purely based on the identical patterns of July-August and September-October.
The index is close to a 4hour MA50-100 Bullish Cross, signalling the end of this uptrend.
We estimate a peak no more than 15350. If accompanied by a 4hour MACD Bearish Cross, sell and target 15050 on the short term (course of 4hour MA50).
If though the price crosses above Resistance A (15520), wait for a MA50 pull back and buy targeting 15930 (Resistance B).
Previous chart:
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Chart Patterns
Technical Indicators
nasdaq
NASDAQ 100 CFD
NASDAQ 100 E-MINI FUTURES
Trend Analysis
us100
TheCryptagon
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM:
t.me/thecryptagon
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