Trade idea USDJPY- Price broke below daily trendline and tested supply area formed below breakout. Might retest it again before impulsively push downwards.
Sterling Pound Trade Idea. Let me know what you think on a comment section below. Let built growing community.
We might see a bearish pressure on EURGBP. What do you think?
Nas100 made a clear turn at around 50% FIB retracement which gives a confluence with daily trendline 3rd touch as well as break of bullish flag signaling bullish pressure.
Price has given us inverted head and shoulders pattern. Price might break a neckline and massive push to the upside.
Here we see that Nas100 is currently at the SUPPLY zone at 13791. Therefore we might get a slight push to the downside to give us a third touch of a daily trendline at 13000 and thereafter a massive push to the upside to break a supply zone.
Might break below trend line and give us a little bit of correction and continue with downside movement. Let's what's your thoughts!!
Disclaimer: This analysis is my own opinion and is for educational purposes.
First target will be 12200 level and then continue to the upside after correction.
It might make a turn to the downside at 12500