Nasdaq's bullish trend is forming a Very bearish trend Head and Shoulder Pattern.
if it closes below 17860 then uptrend will turn into downtrend Ist level will be 17280, 16700
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.
if it closes below 17860 then uptrend will turn into downtrend Ist level will be 17280, 16700
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.
Trade active:
2nd target is almost reached and
This time it is trying to close above neckline 17980 and if failed to close above then a downfall will begin which lead it very deep dive.
15520, 14600, 13700
this assumption will fail if it closes above 18350.
This for educational purpose only.
This time it is trying to close above neckline 17980 and if failed to close above then a downfall will begin which lead it very deep dive.
15520, 14600, 13700
this assumption will fail if it closes above 18350.
This for educational purpose only.