NAS100 Short term idea
Updated
Yesterday, there was a huge sell-off, as expected. But the price is turning into a reverse head and shoulders pattern - which is a powerful reversal sign. As we use 30min chart, we don't expect to be a huge buying activity, though.
Comment
We should wait for a breakout. Otherwise, it will turn into a triangle.Comment
Breakout has just occurred.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.