I’ve been in this trade since the 19th of April 2023, placed upon New York Session Open! My plan is to trade it down to 12530 or 12500 since we’re in a series of LHs/LLs in a retracing manner!
I’m interested to know what you think about setup…
Looking at the Daily timeframe we can see on the recent chart data that we have a reversal pattern of some sort in between the 11715 and 11495 zone and price seems to be respecting it! If price obeys the pattern, we're looking at a grand-slam long term buy before another impulsive down movement since we're in a down-trend (check your W1 & D1 timeframe for...
Technically expecting a buy on USA100 upon the market re-open or later during Monday upon USA market open!
Fundamentally, we have no USA economical news since its a Holiday in the US tomorrow!
Major Stocks under USA100 opened higher on 02 September, pre holiday stock performance!
Sentiments wise, the USA100 trading community is 50/50 bulls and bears! We’ll see...
