Following a major bearish sentiment on Nas100, the market has formed an ascending triangle. This is the type of a pattern that creates opportunities for buy entries. It will however take several days for a major breakout and requires swing trading. Day traders may scalp the market on smaller timeframes as it swings.
After the market has inhaled, it is bound to exhale, and I was thinking that this would be the way it does. The JPY, after some time of being dominated might wanna fight back, hence push the market into a bearish trend
