paradox677

2021 May 31 NAS100USD (Intraday)

OANDA:NAS100USD   US Nas 100
NAS100

2021 May 31 NAS100USD (Intraday)

Weekly = Bullish | Daily = TBC | H4 = Bullish

Per last week's analysis, scenario 1 happened.
Price returned to test 13396 - 13425. Hope you had profited from the long opportunity.

Market currently in rotation (grey box) just below a previous resistance, volume is low.

Scenario:
1) Supply pauses or reverses the uptrend
2) Market is building up to continue its uptrend
3) If market breaks the rotation, trades can be taken when price returns to test.
(applies to both break out upward / downward)

Remember to like and follow if you find this useful : )

Have a profitable trading week ahead.

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