Description
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OANDA:NAS100USD
NAS100USD 2021 Apr 12 Week (Intraday)
Last week, pt (2) resistance turned support happened, therefore no reason to
short.
As price approaches a previous high, the last bar showed no demand for
higher prices. Keep stops tight if in long position.
Weekly chart showed price advancing on reduced volume - weakness has
appeared.
May have opportunity to short if we see rejection at higher prices.
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Have a safe and profitable trading week!