Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
FOMC tomorrow at 14:00 EST. WIth the expected rate hike, this should trigger a risk off environment, and the markets should drop. But pre-news announcement... there will will opportunities to get in positions with the banks!
Nas100 entered our POI and showed the reversal pattern. Price dropped quite nicely, and has now retracee. Is there a second chance entry for short? Hmm.....
Nas100 has double bottomed at support. Now, it is giving bullish PA. Looking for a good long entry? Check the video!