quyverlander

NAS100 - Will history repeat itself?

Long
OANDA:NAS100USD   US Nas 100
Recent activity looking similar to the Sept 2020 correction. Will look for a retest of the trend line to place long trade. Would expect such a move late next week, but could trigger early depending on today's US NF Payrolls outcome.

If price breaks below trend, and below 12160-190 level, I will be looking to short NAS100 down to 11k.

Comments

Nice one πŸ‘ŒπŸ‘ŒπŸ‘Œ
+4 Reply
Nice one. I would add that your 1st wave from Feb 2021 could be the 3rd wave of a much bigger impulse started in March 2020. Meaning that potentially there is still room for market progression before a big correction.
+3 Reply
Awesome analysis, that's how TA is done!
+2 Reply
πŸ€—πŸ€—
+2 Reply
Sounds wonderful πŸ˜€
+1 Reply
Very likely! Great job
+1 Reply
wow
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Thank you for sharing the analysis πŸ˜€ Would you like to share your thoughts on our resource as market commentaries and guest posts?
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