[NQ/NDX] | Price is Still Following The September '20 Fractal
Here is an updated, side-by-side comparison of the September-October 2020 price action versus the current February-March 2021 price action.
There is a striking similarity between the two charts. I have labeled and color-coded the majority of them on both of charts.
If we expect the pattern to continue then we should watch for a breakout of the bullish wedge as the initial confirmation.
A secondary break above 13350 will form and confirm a large inverse head and shoulders breakout which should lead price to the primary target at 13500.
Take a look at the initial idea I shared below 👇🏽
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
There is a striking similarity between the two charts. I have labeled and color-coded the majority of them on both of charts.
If we expect the pattern to continue then we should watch for a breakout of the bullish wedge as the initial confirmation.
A secondary break above 13350 will form and confirm a large inverse head and shoulders breakout which should lead price to the primary target at 13500.
Take a look at the initial idea I shared below 👇🏽
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.