Индекс Nasdaq-100

NASDAQ - DAILY

398
On Daily:
price is moving in downwards channel
H&S target and redline marked falls are achieved, after which price is going up
There is another pattern which happened twice before, marked in yellow ovals.
after reaching the trend-line support, price retraces up, and then fall again to re-test the trend-line.
Here price rejected from the orange marked region. This means, price can go back to trend-line, .618 FIB, and daily or weekly support.
IF
the price crosses this orange region, then it can test weekly S&R at 12000ish area. may make LH there, if not ,then it will go to its .618 golden region of rejection, from which it rejected twice precisely.

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