NDX Will Fall! Short!

29 янв.

Here is our detailed technical review for NDX.

Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is approaching a key horizontal level 17459.6.

Considering the today's price action, probabilities will be high to see a movement to 17253.0.

P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.

Like and subscribe and comment my ideas if you enjoy them!

4 февр.

Сделка закрыта: достигнута тейк-профит цена

Great news, our trade has finally paid off!