NASDAQ Bottom of the Megaphone.

Nasdaq is trading inside a Megaphone pattern on the (1h) time frame.
The price is very close to its bottom, which starts to signal a buy.
Each of the previous two bottom rallies, hit at least the 0.786 Fibonacci level.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 20450 (litle under the 0.786 Fibonacci level).

Tips:
1. The RSI (1h) turned oversold. A strong buy indicator.

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