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FX.co ★ Technical Analysis of Daily Price Movement Nasdaq 100 Index,Thursday November 16, 2023.

Technical Analysis of Daily Price Movement Nasdaq 100 Index,Thursday November 16, 2023.

Technical Analysis of Daily Price Movement Nasdaq 100 Index,Thursday November 16, 2023.

It can be seen on the daily chart of the Nasdaq 100 index that there is a Bullish Continuation Bull Flag pattern which was successfully broken out and penetrated upwards, but with the emergence of the Wiseman 1 Bearish Divergent bar on EUR/GBP, it gives an indication of the existence of a Turning Point pattern on EUR/GBP so as long as it doesn't happen it will strengthen again and break through. above the level of 15970.7 EUR/GBP has the potential to fall down to the level of the 15383.4-15307.1 area.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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