i come bearing pips for you guys and here's how you can get them, buy going long on nas100 for the short term because the trend on the higher time frames is down. so my observations are as follows:
1. market broke out an upward trendline on the weekly and monthy timeframe
2. market sold till a major support zone on the daily, monthly and weekly
3. as the new low is formed i am looking for price to push up and form a new lower low and make another touch on the downward trendline
4. currently on the H1 a double bottom has formed so i will go long once the neckline breaks and place my trades
feel free to share your observations! go subscribe to FIRST CLASS INSTITUTION on YOUTUBE for detailed breakdowns of the market, God bless!
1. market broke out an upward trendline on the weekly and monthy timeframe
2. market sold till a major support zone on the daily, monthly and weekly
3. as the new low is formed i am looking for price to push up and form a new lower low and make another touch on the downward trendline
4. currently on the H1 a double bottom has formed so i will go long once the neckline breaks and place my trades
feel free to share your observations! go subscribe to FIRST CLASS INSTITUTION on YOUTUBE for detailed breakdowns of the market, God bless!