This is my first chart, any feedback will be appreciated (excuse my English, not native language) and a like would be awsome. I think we're going to see sideways movement until Monday (moonday) when weekly MACD confirms the positive cross of their curves. Last year it was not SWELL that drove the prices high, not (also) even weekly MACD alone, but just days...
NQ opened up green but on a daily resistance level. RSI getting high but not too much into overextended area. Looking for break of, or rejection at this resistance level. Daily support below.might hold to EMAs. Opening bell will be a good indicator. Money Monday everyone! Start the week off GREEN!
If prices do not return back to $330.80 expect Bullish Rockets tomorrow north of 4am (UCT+2). Thank God we get to see the end of this past week's channel trading. Earlier on today around 2PM (UCT+2) a Bullish Rocket lauch failure must have got most traders stuck in a trading disaster but have no Fear $385.90 has been tried and tested prior to BCH recent price drop.
We see yet another pull back, with the bulls slowly climbing slopes without traces of considerate HHs ; Prices will linger near $192.15, and between $178.22 and $192.15 much of this past week's unstable tendencies have seized and 5AM (UCT+2) is the time for Roosters to get on the Bulls back and RIDE.
Had shorted this pair since Friday last week. Add some during Monday as part of the Monday accelerator Strategy and trade plan. TP is the weekly pivot. This pair range is suitable for this type of strategy. After shorting of a total of 6 position with a total +286 pip . Long the pair as it hit demand. Target at the recent high for this week.