NAS100 7th may
Hello team, welcome back to another week of trading. This week, we will be focusing on the NAS100/US100 pair. Upon analyzing the hourly chart, we can see a clear range inside our swing move, indicated by the yellow dots.
Currently, it appears that the market is staying bullish, with the hourly range touching and creating an equal high on our chart. This is a positive sign and suggests that we may see a continuation of the bullish move higher.
Moving forward, I will be looking for opportunities to buy from our lower zones in the event of a pullback, or to sell if we see a break of our hourly low. It is important to note that Monday is a bank holiday, so we may not see significant market movement until Tuesday.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
Currently, it appears that the market is staying bullish, with the hourly range touching and creating an equal high on our chart. This is a positive sign and suggests that we may see a continuation of the bullish move higher.
Moving forward, I will be looking for opportunities to buy from our lower zones in the event of a pullback, or to sell if we see a break of our hourly low. It is important to note that Monday is a bank holiday, so we may not see significant market movement until Tuesday.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
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