Description
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OANDA:NAS100USD
NAS100USD 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!