Welcome back to another video, today's video is about analysing the NASDAQ (NAS100) using the monthly, weekly and daily timeframe to understand and see price movements for possible next direction (either downwards or upwards trend). P.S NOT A FINANCIAL ADVISOR... JUST EDUCATIONAL AND LEARNING PURPOSE ONLY...
Been a bit of a slow start to the week but we are now starting to shape some possible new moves, one of them been a possible continuation on USDCAD. Ill be waiting for more rejection out of 1.24000 area before taking longs. As always risk manage and keep to that trading plan!!
Just another quick explanation of what ill be looking at over the next day off the back of this usd strength.