NQ approaching top a bullish channel?
Updated
NQ is in a very consistent parallel channel.
Should touch the top and come back down for a healthy pullback.
Caution - a breakout over the top of the channel will invalidate this hypothesis.
Please use proper risk management if going short.
Thanks!!
Should touch the top and come back down for a healthy pullback.
Caution - a breakout over the top of the channel will invalidate this hypothesis.
Please use proper risk management if going short.
Thanks!!
Comment
my mistake - not a channel. tis' a wedge!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.