Last week we had some good fall and this week I'm expecting the rise of nasdaq again. Im expecting NAS to go back up to it strong resistance area of 13792. However if the market does decide to come down and break through 13297 then we may see some more sells before the buyers come in- sell to watch out for 13169-12900. On the daily I highlighted where im...
Nas has been playing beautifully with the support and resistance areas respecting the higher timeframe trend lines. I have had many messages with people who have taken the trades from analysis and saw some amazing results. and yes it is as simple as that. Today I feel we will have some more bears, a bounce of 13297 will bring us down to 13042- 12776. However if we...
Looking at NAS on the daily, price is approaching a trend line that has been well respected over the past year, along with RSI reaching towards the oversold territory, and the MACD already deep under; from a technical perspective, 12950/13000 could be a great price to enter a long position for a medium term trade. However, the key fundamental factor driving NAS...
Nas had a nice rally down and those who followed my previous post made some good profits. Thank you for the screenshots great work. Looking at the higher timeframe we had some rejection from our trend line which may cause the price to carry on moving up. For the bears to continue I will be looking for a break of 13168 which will carry the price down to...
Nasdaq broke down the huge ascending channel and has retested ...... Now the overall trends changes to down trend.... Let's swing the sell down If you find my idea useful...don't forget to like and share your comments
Hi guys hope you all had a great weekend. We had some good bullish movement on Friday taking price to 13793 zone, The market is still respecting the support/resistance line drawn early last week. This week its still a very mixed feeling, The bearish fall may not be over yet. If we look at the higher timeframe, This bullish push can be just a pullback for the...
Marketing is consolidating ready to break anytime now. We can expect more sell off bring price down to 13298-13168. Just be careful of the fake breaks before it continues the desired direction. Dont get caught up. If the price does decide to go up id wait for 13664 break before taking any buys. This will give me a better clear signal for the buy.
A longer / bigger time frame indicates a huge shorting opportunity, I've missed a couple of shorts but bought all the way up and knew there was upside still ahead, gamma squeeze anyone? What do you think?
Hi guys Sorry I been off few days hence no charts. Lets get back to it. We have had a really nice fall yesterday, hope you all caught some pips if not I'm sure we will get more opportunities today. As we can see from the chart double top has been formed which resulted in this drop. We have broken through the neckline and we can expect further drops. Just be...
The bears had failed yesterday and bulls have taken back control. Amazing how your support/resistance is so important. as you can see each time it touches it to the pip. We had a quite a bit of bullish movement last night which I assume will continue today. A break of 14064 will will be going towards 14200. However if 14064 does hold it resistance then price can...
ENTRY: 89.44 SL: 83.13 TP: 98 - ADX<25. Would like to be higher. - RSI<65 but >50. Uptrend still intact. - RS and FFI +ve - MAs aligned
Moon phases begin 3 days after, marked by vertical lines. If the trend started the same day I gave it credit. If you could've lost considerably holding till the next moon, I put it in yellow, but still gave credit for initial trend. Full moon (bot) was correct 9/9 1 ylw New Moon (top) was correct 7/9 2 ylw So it seems you can trust moon phases more than most...
On the daily I can see a double top has been formed, so we may see more bearish movements today. A break of13897 we can see price coming down to anywhere between 13800-13665 or further. If the market does respect the current trend line then the price will go back up to 14064, a break here will take us to 14200
ENTRY: 24.30 SL: 22 TP1: 26.07 TP2: 27.50 - ADX<25. Would like to be higher. - RSI<65 but >50. Uptrend still intact. - RS +ve - FFI +ve - MAs aligned
Hi guys hope you all are well. Nasdaq has been very indecisive lately been ranging for a while now. The trend is still very bullish and I hope we can see a break through today pushing price back up to 14064 and then further to make new highs. 14200-14400. If the price however does decide it need to come back down we can see it come to 13800 before coming back...
CONSOLIDATION INTO CREATING DOUBLE TOP