Is Nasdaq Set for a Pullback? | Fibonacci Resistance Zone ahead!
In this video I map out the idea of the Nasdaq being over extended and on route to approaching a key Fibonacci resistance level 27000 ,
This may set up a potential correction in the week ahead."
This is a counter-trend setup within a larger uptrend, so risk management is key. I'm not calling a top to the entire rally, but rather a healthy pullback to bring in new buyers."
I demonstrate how i see the price action moving forward over the course of the month ahead with valuable insights.
Tools used in this video Standard Fib , Fib Expansion, Fib extension + Anchored vwap and Volume profile and TPO chart
This may set up a potential correction in the week ahead."
This is a counter-trend setup within a larger uptrend, so risk management is key. I'm not calling a top to the entire rally, but rather a healthy pullback to bring in new buyers."
I demonstrate how i see the price action moving forward over the course of the month ahead with valuable insights.
Tools used in this video Standard Fib , Fib Expansion, Fib extension + Anchored vwap and Volume profile and TPO chart
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.