Technical Analysis of Intraday Price Movement of Nasdaq 100 Index,Thursday November 02, 2023.
November 2, 2023 6:25 am
If we look on the 4 hour chart of Nasdaq 100 index, there is the deviation between its price movement with CCI indicator as well as the apperance of Bullish 123 pattern which follow by the appearance of some of Ross Hook (RH), then this is signaled that in the near future #NDX has the potential to appreciate upwars where the level 14774,8 will be the main target to be aimed and if this level successfully breaks above, then the level of 15219,1 will be the next target, but all these reinforecement scenario will be cancel itself if on the way to those level target suddenly there is the downward correction of #NDX untuk breaks below the level 14332,6.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
If we look on the 4 hour chart of Nasdaq 100 index, there is the deviation between its price movement with CCI indicator as well as the apperance of Bullish 123 pattern which follow by the appearance of some of Ross Hook (RH), then this is signaled that in the near future #NDX has the potential to appreciate upwars where the level 14774,8 will be the main target to be aimed and if this level successfully breaks above, then the level of 15219,1 will be the next target, but all these reinforecement scenario will be cancel itself if on the way to those level target suddenly there is the downward correction of #NDX untuk breaks below the level 14332,6.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
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