BTCUSD this week failed to break the range and is due for a pullback. You may see that reason behind why I shorted it, aside from a psychological resistance at 30,300 price.
It seems that the upper channel has been revisited multiples time and is due to revisit the lower channel. With confluence of its yearly pivot at 26k and as noticed in the chart, there seems...
Early this March, I have seen progression with the retest / range of NAS100. This has been one of the top 3 markets I trade and add in my watchlist.
My idea is for NAS100 to revisit a neckline at around 15k to 15.5k as seen in the chart. How long it will take? That I don't know. So far, the channel seems to be holding and good to monitor how it will sustain(?)...
The NAS100 has given the bears a run for their money with a strong play last week!
I was able to participate in this swing move and closed positions. Still have open position and awaiting the next move it will have in store.
Sharing snips of the positions and S/R flip executions. FX:NAS100
PSEi has approached and continued to hold the 6.8k level as seen in yellow. Strong level for a resistance, now turning support. There seems to be a strong indication that it will be bullish for the week. It is critical to see how the price action will evolve in this area of value.
With PSEi's tendencies to mirror US indices, it may potentially also mirror the...
