Nasdaq (NDX) is breaking above the 4H MA50 (blue trend-line) again following a Bullish Cross on the 4H MACD and it needs a 4H candle closing above it in order to confirm the continuation of this bullish move.
If confirmed, it will technically be the extension of the new bullish leg of the short-term Channel Up towards its top (Higher Highs trend-line). As you can see, both previous bullish legs have started right before a 4H MACD Bullish Cross and since the price already bottomed on the Higher Lows trend-line and the 4H MA100 (green trend-line), we have a strong mix for a buy signal, which is just waiting for the above mentioned confirmation. Our target is Resistance 1 at 15930, which will be a +5.30% rise from the bottom, similar to the previous two.
-------------------------------------------------------------------------------
** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
πΈπΈπΈπΈπΈπΈ
π π π π π π
If confirmed, it will technically be the extension of the new bullish leg of the short-term Channel Up towards its top (Higher Highs trend-line). As you can see, both previous bullish legs have started right before a 4H MACD Bullish Cross and since the price already bottomed on the Higher Lows trend-line and the 4H MA100 (green trend-line), we have a strong mix for a buy signal, which is just waiting for the above mentioned confirmation. Our target is Resistance 1 at 15930, which will be a +5.30% rise from the bottom, similar to the previous two.
-------------------------------------------------------------------------------
** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
πΈπΈπΈπΈπΈπΈ
π π π π π π
πBest Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
π°Free Channel t.me/tradingshotglobal
π€΅Contact info@tradingshot.com t.me/tradingshot
π₯New service: next X100 crypto GEMS!
π°Free Channel t.me/tradingshotglobal
π€΅Contact info@tradingshot.com t.me/tradingshot
π₯New service: next X100 crypto GEMS!