NAS100

NAS100 , Timeframe 4H: The chart appears to show a harmonic pattern, specifically the Bearish Gartley pattern, which is depicted with the points XABCD.
The points (X, A, B, C, D) form a specific structure that traders use to identify potential reversal zones.
The specified range just below point D represents a potential reversal zone where price might find resistance and begin moving downward.
Chart PatternsHarmonic PatternsTrend Analysis

Disclaimer