NDX analysis - Triangle pattern
Price forming a triangle pattern and currently it is rejecting from the top of the trend line and falling towards the bottom trend line. It is good to enter long when price reaches the trend line bottom with small stop loss or wait for the reversal confirmation and go long.
Note
Price reached the bottom as expected- reversed as expected. . .Note
reached the top as expected...
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.
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.