With the recent motivated NAS rally to the 15000.0 level, and the ascending channel it has formed. I expect NAS to reach above the 15000.0 and start plummeting in respect to the ascending channel. A predicted fall to the 14000.0 level.
Well simply enough, BTCUSD seems to be repeating the same pattern as the last two micro-uptrends as displayed.
So we'll hopefully see the same behaviour being shown as market conditions remain the same. The uptrend continues.
The New Zealand Dollar / U.S. Dollar looks a bit tricky as it faces strong resistance in its bullish uptrend.
OPTION 1(RED): NZDUSD will break resistance and shoot up.
OPTION 2(BLUE): NZDUSD will struggle to break resistance and bounce back to the trendilne (BROKEN BLUE), eventually going for a pullback and going bearish
NASDAQ is in an ascending channel with two supporting trendlines, displaying a strong bullish move.
NAS100 also appears to be in the last part of the Inverse HNS (right shoulder).
PREDICTION: As soon as the Inverse HNS is complete, NAS100 will remain in the channel, hit resistance and fall back to the stronger support as displayed by the RED illustrations....
