Bearish Reversal Signals: Will the Price Reverse?

تم تحديثه
4H Timeframe
Current Price: 20,030.9

Bearish Signals:

• Rising Wedge (Bearish Reversal)
• Ascending Broadening Wedge (Bearish Reversal)

Expect the price to test the first price target (PT), followed by the second. Resistance may trigger a bearish reversal after reaching these levels. If the price finds support, we may reach the third PT, which is at the upper trendline of the rising wedge. Then, after reaching our bullish targets, the price would likely start its bearish reversal to eventually reach 18,749.0.

Price Targets:
Bullish:

• 1st TP: 20,210.3
• 2nd TP: 20,351.4
• 3rd TP: Upper Trendline of Rising Wedge

Bearish Reversal:

• 1st TP: Broadening Wedge Lower Trendline
• 2nd TP: Lower Trendline of Rising Wedge
• 3rd TP: 18,749.0

Happy Trading!
تم فتح الصفقة
1st Target Reached: 20, 210.3 ✔
2nd Target Reached: 20,351.4 ✔
ملاحظة
So far, the market is dancing to the rhythm of my analysis.
Ride the waves and cash in—wishing you flawless trades!
تم فتح الصفقة
Bearish Reversal:
• 1st TP: (Broadening Wedge Lower Trendline) Reached
تم فتح الصفقة
Lower Trendline of Rising Wedge: Reached
ملاحظة
Prepare for a Potential Further Decline
تم إغلاق الصفقة يدويًا
Most Target Reached...
Ascending ChannelBroadening Wedgenas100analysisnas100shortUS NAS 100Parallel ChannelRising WedgeSupport and ResistanceWedge

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