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Fibonacci Retracement

Nasdaq 100- Double TOP!Attached: Nasdaq 100 Daily Live Price Chart as of 28th March 2023 Pretty Straightforward Chart: - Price rejects for the 2nd time at 0.382 Fib, this is a Double TOP Sell Signal - Elliot Wave Count shows Corrective Bounce complete in form of WXYXZ with C wave of Z being an Ending Expanding Diagonal - Price puts in a Higher High but RSI puts in a Lower High, aka Divergence Holding below the round figure level of 13000, the Nasdaq (NDQ) is a SHORT for a Downside Target= 11700 & below...
TVC:NDQShort
by T_Harth
BEL Paving way for INVERTED CUP & HANDLE ??!!!Chart pattern insist me the above titled opinion Reasons 1. BEL is in formation of a Inverted Cup & Handle (Handle in progress) 2. Lower high and Lower low formed (confirming bearishness) . 3. Gap b/w 15th & 16th Day candle can act as Strong resistance. 4. Target & SL levels mentioned @ Chart. 5. BEL may take support @ Green trendline (Major Support from 2020) . Let's wait & watch how it moves!!! Note - Just sharing my view...not a tip nor advice!!!
NSE:BELShort
by mmjimm