Hello Everyone. I want share my idea about NAS100.
On that index we saw pretty bullish trend, but after touch of 2022 weekly support we had some bearish movements which gave me signal it coming for show us new weekly low. That is normal all trend has this moment after strong movement.
Trend is still strong bullish for long term but at the moment what i see and my price prediction is short but not for long term, i think bearish trend will be only few days until it touch weekly trendline or daily support 3, then i think we will see another big bullish movement which i will share.
Couple days ago i tried to short this index but it didn't touch my entry point ( i will link in this idea ).
Now i dont have any entry point yet because price is at strong support zone, i think i will open my trade if price will go up slowly from the support or after brake that support and retest it at low timeframe ( 15m, 30m ).
Here is my 2 scene what price can do next week.
1 Bullish - price has strong reaction at support zone 15275 LVL brake weekly resistance and going up.
2 Bearish - price is not strong at support 15275 LVL, its coming down retest broken support and continue downtrend until it touch weekly trendline.
If i will be right i will update that idea when i will open position.
BE PATIENT!!!!
On that index we saw pretty bullish trend, but after touch of 2022 weekly support we had some bearish movements which gave me signal it coming for show us new weekly low. That is normal all trend has this moment after strong movement.
Trend is still strong bullish for long term but at the moment what i see and my price prediction is short but not for long term, i think bearish trend will be only few days until it touch weekly trendline or daily support 3, then i think we will see another big bullish movement which i will share.
Couple days ago i tried to short this index but it didn't touch my entry point ( i will link in this idea ).
Now i dont have any entry point yet because price is at strong support zone, i think i will open my trade if price will go up slowly from the support or after brake that support and retest it at low timeframe ( 15m, 30m ).
Here is my 2 scene what price can do next week.
1 Bullish - price has strong reaction at support zone 15275 LVL brake weekly resistance and going up.
2 Bearish - price is not strong at support 15275 LVL, its coming down retest broken support and continue downtrend until it touch weekly trendline.
If i will be right i will update that idea when i will open position.
BE PATIENT!!!!
Comment:
It broke daily support. i would like to find new high for open position.
