Last publish for the day ! Looking to go long on Nas100 if price break and retest the intraday level its currently sitting at. Price is temporarily bullish so going long and targeting the next intraday level above is possible ! clean rr as always ! We'll see what happens to price on the open!
- Possible bullish pullback price movement towards the resistance 11900 within the next period.
Nasdaq has a really strong zone there it does need a retest back to the zones i highlighted. so am bearish on Nasdaq and i will be looking for some good places to inter short.do ur own research.
4H OF is bullish taking CT longs into the HTF supply to either create LQ to the right due to there not being any to the left . or simply sweeping the high and continuing to make lower prices following EOF .
looking to go long as the opportunity present its self till the opposite zone
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On the weekly chart Nasdaq is probably going to test downtrend (yellow) line and that could indicate beggining of the market recovery. After that the next step would be reclaiming 11967 resistance zone (red dashed line) and then we could talk about some serious recover. Also price formed new possible trend (red line) that also indicates some bullish...
Advanced Charting Bar Patterns Fib Retracement Problem Reaction Solution Gaps ACW Was Here
Nas100 Daily analysis On Nas100 we could have a push up on the open of the market to the level of resistance above the current point in the market to drive it down to retest the previous level of resistance which is now support before going higher up into the megaphone pattern.
January 16 - 20, 2023 This is my weekly guide. I will find ways to short the market next week. Will wait for Monday's low and high to get idea about the weekly range.
NAS100 Study 01/16/2023 - 01/20/2023 Bias: Bullish Areas of interest to buy: 11207-11370 Important events for this week Wednesday January 18: *Basic Retail *IPP *Retail sales *Job change Thursday January 19: * ECB President Lagarde speaking *ECB publishes monetary policy meeting report *Building permits *Unemployment claims *Philadelphia Fed Manufacturing Index
Technical analysis thesis: After a huge bullish run from the events of last week, there will more than likely be a correction or retracement throughout the week coming into the 3rd week of the year. (Jan 16 - Jan 20) If not, then NAS100USD will continue to push price into the range of 12000.0, with this area being a major psychological level for NAS100USD....
Next stop 11800. This is an analysis of Supply zones and imbalance for areas of liquidity.
SMC Structure Analysis The concept of smart money order block
Had a bit of a hectic day so I was not on the charts towards the end on Friday. Looking at what happened, it's a good thing the SL was tight
We are Still Bearish On Nas, Had A Consolidation After Price Reverse To The Up Side And Then Explode To The Down Side Caused An Order Block that Hasn't Been Tested Yet so we expect the price to go to that order And Reject Going More Downside.
price has closed above support level. wait for the retest of the support level and then long