NAS100USDNAS100USD 2021 Apr 05 Week (Intraday)
Weekly = Bullish | Daily = Bullish
29 Mar topping short occurred during US hours, and after that strength
took over, pushing market up.
As resistance was breached, watch for
1) if it is a false break or
2) resistance turn support
Reason for a short for me is the weakness that appeared in the
last 2 bars, or when a climatic up bar appears.
S/R and Yellow price reaction lines will be my preferred
trade zones.
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Have a safe and profitable trading week!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.