Thomas_Zito

Nasdaq: Bullish Butterfly Pattern Points to Potential Rally! 📈✹

Thomas_Zito Uppdaterad   
OANDA:NAS100USD   US Nas 100
In the 4-hour timeframe, Nasdaq has formed a bullish butterfly pattern, signaling a strong buying opportunity. The price action also reveals a double bottom pattern, adding further confirmation to this bullish setup. Additionally, the RSI indicator indicates oversold conditions, suggesting an impending upward move.

Traders can take advantage of this setup with multiple take profit levels in mind. Keep an eye on targets at 14850, 14950, and 15050, as these levels could serve as significant resistance.

Get ready to ride the potential rally! 🚀💰

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TP1 reached

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TP2 reached

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TP3 reached, take some profit and let the rest floating. ride the momentum

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