From my analysis I am seeing a a short sell off to collect orders and form a Lower low. There after seeing a long to form a new lower high as we have had a change of character within the market. NFP might be the decision maker of whether we going to continue the bear run that we have seen for the week or change back to the bulls.
Possible invert H&S on the daily chart. Currently buying to retest the resistance there after selling to form the Tip of the right shoulder.
We could see DAX30 breaking up in the Bullish trend as we have bullish pennant on M15 and M30.
Seeing a short on Daily to for the tip of the Left shoulder.
Just an update on NAS100. From NFP we sold to the previous daily support. Previously I advised that they will be an H&S, however when you check NAS100 we are back at daily support looks like a double bottom formed so we might see NAS buying. Weekly timeframe we closed with an invert bullish hammer i believe the reversal should kick in and we buy. Feel free to...
Last week posted a long tern invert H&S on daily. Today we had the Market buying to a resistance on lower time frames between 11289.31451 and 11333.371765. Possible short on H4 during Asian session to form the the tip of the right shoulder and continuing the Buy between London and New York sessions.
Daily showing a potential head and shoulders. NAS has sold to support to for the tip of the head. Now we wait to see if it respects support and continue the buy or drop for the Sell
H4 showing a potential ascending triangle currently we are at the support trendline. We can continue to see the climb to retest the resistance trendline or we can have a breakout to the bottom
Analysis on German 30 showing a bearish pennant on the 4H time-frame. waiting for a breakout to confirm the sell