As we all know Nasdaq is an all time bullish trending market, so we always looking for buys in Nasdaq. this trade is based on a market struck in the hours of this indice, we can clearly see supports and resistances forming again and again. so this trade is based on a market breaking a level and coming back to retest it. all the levels are clearly shown.
The Dollar has been showing a lot of weakness for the past weeks, So that explains why EURUSD has been in an Overall TREND for weeks. The current price is at a correction phase of the Trend. With that being said we can technically see that it has formed a retracement of 61.8 0f the previous HL. Another Correlation to support that is the Double bottom pattern that...
