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EHMFO
Apr 13, 2022 1:28 PM

NASDAQ TO CHANGE TREND? 

US 100 IndexFXCM

Description

Good day great traders once more my greatest delight to be here sharing my perspective on NASDA
Here's todays list
Weekly Trend is bearish
Price has approached a weekly support and we have been successively holding prince last 2 trading days
Daily candlesticks have been carrying alot of bearish momentum however we still within support level highlighted in white
H4 candlesticks have been ranging however creaking higher lows whilst ranging
H1 we have held a trendline minor trendline with 3 successive touches whilst maintaining higher lows
Verdict should we break or yellow trendline i will go consecutively buying the market scenario no.2 should break purple trendline i will be aggressive bearish let's await reactions at these minor trendlines
Remember let's see break of this apex God bless Have a great trading session
Comments
zrbzn
thank you
zrbzn
ok so it's broken the yellow trendline 🙏
zrbzn
I cant tell if it's respecting the analysis?
EHMFO
@zrbzn, gREAT TRADER WE DID Get a breakout to the uo side hope you had a great trading day
Kwiinshy
Hello what time frame should I use?
EHMFO
@Kwiinshy, Be out the look out to using 1hr and your 4hr to be predicting whether trends are being made or not
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