I'm just trading based on the support and resistance methodology by Nick Shawn (go up his YouTube channel if you don't know him). And this is my first "beginner" analysis, I might be wrong 100% all the time. But I am hopeful that it will go in my favor.
Note: NSXUSD is the same as .USTechCash if you can't find one.
Note: NSXUSD is the same as .USTechCash if you can't find one.
Comment:
Fingers crossed, looks like it's almost forming an upside down head and shoulder (if today's position is higher than yesterday). The rejection is not able to make a lower low.
Comment:
managed to break through the support area. If this price break above support, then it's a confirmation upward direction. We'll see.
Trade closed: stop reached:
Unfortunately, it goes the other side.