We are still very bearish on our D1 chart, we also reached our support level at 24.00; i'm anticipating a pull-back to 24.3 before we take a dive into the bears one more time to complete the channel
We've hit our trendline and mini-support as we closely watched... now we need to continue with our trend which has always been bullish
What we have here is an Elliot breakout, We break out at current momentum then we bullish till the Daily Resistance and so on!!!!
With Nas100 i foresee 2 possibilities, I will post the other one separate so check out for my post. Here, I think NAS will go for the last push of 12800 however that's as low as it'll go and will give us opportunities to buy. A perfect entry with full confirmations will be 12950 after creating support of 12800.
Well I think we going for some retracements
Check my Previous analysis for nas... IT was spot on!!! We continuing exactly as planned
OK, a lot has happened in the past hour however, we are still more likely for the bears. I have updated with the resistance it refuses to break and a bear trend line. In the m5 it looks to have formed a double bottom so if the bulls continue above the trendline then we looking at a possible bullish reversal but if it closes below the trendline then we will...
Ok so there isn't much but retracement, however, if you look at your lower timeframes you will see a rejected resistance