NASDAQ Bank Analysis

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Nasdaq Bank experienced a Breakout after 7 months of Sideways movement and reached the top of the Trendline. The market has now returned to the Breakout point, retesting the Sideways range or the 0.6 Fibonacci Retracement level. A Triangle Pattern is forming, and if the Uptrend continues, the target is R1. If the market closes above R1, it is likely to move toward the top of the Trendline.
Trade fermée: cible de profit atteinte
Triangle Top Target Reached. Gained 6.5% Profit.
Note
Triangle Pattern Target Reached. Refer to this image
snapshot
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