Teboho_Thato_Moloi

Buy Limit on Nasdaq (US100)

Long
OANDA:NAS100USD   US Nas 100
Prices have been respecting a weekly channel and has yet to retest the uptrending resistance. This gives reason to speculate more bullish price action in the coming days. In this H4 analysis however, a short term drop in prices is expected as illustrated in my analysis, which is to be followed by a sustained bullish move towards the weekly uptrending resistance. It may take a while for the buy to setup, if it sets up.. by then, we can start capitalizing.
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