THOUGHTS ON NASDAQNASDAQ 1D - As you can see I am wanting to see price continue this bullish momentum trading us up in this market, I want to see price trade us up and into an area of interest before taking us lower in the market.
By holding tight and waiting for price to trade us up and into an area of interest we are able to get involved in this market with a refined entry allowing us to take part and take home better returns.
This analysis falls inline with my thoughts on most pairs with the USD is base, we want to see some temporary strength in the Dollar before a depreciation in price. As always we must wait for entry confirmation.
I may look to go long into this market before I go short taking advantage of both the correction and the next impulse. I just want to see price trade us through this area of Supply that its in and around at the moment first.