lazyluchi

Ndx Watch Hour: Drop Base Drop

lazyluchi Updated   
OANDA:NAS100USD   US Nas 100
On Friday, we got a double top pattern after the failed double bottom couldn't get past the 15050 in Nasdaq 100. The bears pushed past the 14200 zone with a bearish pull manifesting afterwards.
Today (pre-market) the bears keep leaving trails when a Drop-base-drop supply continuation pattern shows up, the question now is---where's the new supply zone going to be at and do we get a ride to 13030?

Be sure to follow me and smash my like button to stay in touch with my updates..
Streams are coming!

P.S: Happy Valentine's day
Lazyluchi
Trade active:

First signal for the week. Looking to take a short sell to 14k axis. If the sellers are still in anyway...
Trade closed: stop reached:
-126
Comment:
Mid area?Bigger picture screamsbearish pull..The market however is looking pretty bullish.The mix, indecision..
.
Comment:
I've come to very conclusion that---in trading, having a mind of your own is bliss. You must be a fool thinking your guru can 100% predict the market. Unless he trades billions (can actually move the market).We are all just mere spectators hoping to join the winning animal.
Comment:
The nasdaq100 hasn't decided yet. Stream by 10:30am est. Don't miss it!
Comment:
Nasdaq 100 struggling at the mid. The mid (14600) confirms our bulls.
Comment:
Nasdaq100: Do daily pullbacks work? A bearish pull or bullish correction? Time will tell...

Trade active:

Risking 1.89% to gain 4%
Trade closed: stop reached:
Yet another discriminating loss. 1.8% after the 1.2% loss. Seems like it's "L's" week. Anyway, I'll have to wait for another signal. Although I love that I'm not as picky---as before. I find my self, selecting trades I'll take making me fear losses. "Big progress"---I must add.

Comment:

Pfft well, side-lines it is. How's your Thursday going?
Comment:
Two mid-points; two scenarios. #nq

Comment:
Daily pull formed along side---divergence and a double top. Screams bears! How's your week been? #nq
Trade active:
So do we have that pull now? Is this bearish? I see the Lh and correction but we haven't exceeded the previous Hl... Surpassing it confirms that we're bearish and not dancing in some side ways market.

Risking: 0.99% to gain: 2.3%. Don't miss my streams.
Trade closed: target reached:
That went well. Gained 2% with that one. Took three trades for the week. Anyway, have a lovely weekend dear traders. The Nasdaq100 bears are still working. By the way, if my channel holds then a different story might be told next week.. #nq

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.