Tradeofgrey

NASDAQ- AT A VERY IMPORTANT KEY LEVEL

OANDA:NAS100USD   US Nas 100
Hi Guys.

Hope you all been well. I had a week off screen hence there has been no analysis.

We will start with the weekly and daily analysis as its very important to know what is happening in the higher timeframes. Currently lower t/f is very bearish however the higher timeframes are bullish. Lets start with the weekly first.

On the weekly T/F we can see price has reached centre trend line and a very strong support area, we really need a break of this level to get a deeper pullback. A break off this centre trend line and 12266 we can see the price coming down all the way to the next key level on the weekly which is 11009. Overall this will still be a bullish trend so the price will most likely respect this level and we will get another bullish rally taking prices to new highs

Lets have a look at the daily, as mentioned we need a break of 12266, we already had an attempt last week which failed, we are currently on the road to attempt it again. if we achieve this our next target on the daily will be 11803 next key level on the daily.

All the best guys.

P.S. All those who messaged me regarding the course I will be getting back to you all today and yes I am currently giving offers to help serious people to learn and grow.
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