Trading the channel and mini consolidation, we have a possible short now at the level of consolidation, If it breaks above the consolidation, then we'll be looking to retest the trendline and then fall all the way down to the first TP and then wait for it to break below the consolidation to go all the way down to the downside of the channel; If it fails to break...
The USDZAR has just recently tested the long-term support and failed to break it twice. A short around the resistance level would be a good trade to hold for long-term to the first resistance level highlighted as TP-1 and depending on price action at that time, we could hold until TP-2.
Nas100 has just recently hit the main uptrend in the daily time frame, putting us in a Buy position, the first buy opportunity was at the trend line and now after correcting: we expect that it will more likely than not go bullish all the way to the last higher high.
