Nas 100 ** PRICE ACTION PERSPECTIVE **
expecting a slight correction after it showed a shift in market structure
rsi showed bullish divergence on the 4h and now trading well above 50ema
rsi also showed a break above 50pt indicating market has short term bullish momentun
would love to see price retrace back to a 61.8% fib for a buy
note pls check eco calendar for high impact news in US that could affect this pair this week.
Good luck Traders
expecting a slight correction after it showed a shift in market structure
rsi showed bullish divergence on the 4h and now trading well above 50ema
rsi also showed a break above 50pt indicating market has short term bullish momentun
would love to see price retrace back to a 61.8% fib for a buy
note pls check eco calendar for high impact news in US that could affect this pair this week.
Good luck Traders