Ustech100
NASDAQ - ON NFP- THOUGHTSThis view is more of a confirmation of my analysis for the week, I am waiting for the end of day to be able to tell where price will be going next but as a day trader, there often something to trade. Price tested a new high and could be looking at forming a new high low before a higher high.
NASDAQ 45M CHARTWE KNOW NASDAQ HAS BEEN GOING IN A PATTERN...REACHING HIGHER HIGHS AND HIGHER LOWS...There is a possibility of a higher high which will be above 9680+ and look for a downward move...
U can see an inverted h and s pattern in nasdaq in the last few days and it broke and retest happened on 29-5-2020...According to my view nasdaq should reach its highest high and then fall ....
Wait for reversal and then enter..
Hope you liked my view..
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Happy Trading
NAS100USD is close to the All-time historical high!!!If the price will show a false breakout of this level it will be a great Sell opportunity.
Keep watching and wait for the best entries.
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Before to trade my ideas make your own analysis.
Thanks for your support!