With speculation about no rate cuts we can expect to see Nas100 plumet with Fed Powells upcoming speech.
If we look at the technical side we can see that Nas has been somewhat consolidating over the past 2 days creating a fair amount of Sell side liquidity. We can expect Powell to speak about rat cuts today in his upcoming speech and we will use this to our advantage waiting for early buyers to push up the market triggering our setup.
We can look for a plus minus 100 pip move before Nas turns around, we will however closely monitor the movement of Nas now until the speech so that we can execute a trade with the least amount of risk.
Remember to like and subscribe for more A+ setups.
If we look at the technical side we can see that Nas has been somewhat consolidating over the past 2 days creating a fair amount of Sell side liquidity. We can expect Powell to speak about rat cuts today in his upcoming speech and we will use this to our advantage waiting for early buyers to push up the market triggering our setup.
We can look for a plus minus 100 pip move before Nas turns around, we will however closely monitor the movement of Nas now until the speech so that we can execute a trade with the least amount of risk.
Remember to like and subscribe for more A+ setups.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.