Support being tested multiple times (70% fib is the zone of support) if it closes below support. We can expect more distribution in the market as supply meets demand on the next key zone of support. If predictions are correct we would then see this as the finished portion of a correction as nas continues its never ending Upward trend . Haha. TP and SL indicated...
I am seeing that there will be three target points for the market to touch. Using the fib tool, I was able to indicate where exactly it will go off of the last impulse.
In this comparison between the #NASDAQ $NAS100 and $TSLA we could see some Bearish Momentum in the months ahead.
Look for Signs of Distribution
P.S. Let me know what markets you like to look at!
Nasdaq broke down the huge ascending channel and has retested ......
Now the overall trends changes to down trend....
Let's swing the sell down
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Price has returned to a supply zone and an orderblock after taking out lower timeframe liquidity. Looking to to take this down to the next demand zone atleast and possibly continue it down further to 13100.
Hello all, as you may have seen, indices have not had a healthy correction lately and they are overdue. Nas100 has broken out of this curve twice, the first time it got rejected and the second time is now. shall we hold this current support, new highs can be made. Although, nas100 looks pretty weak and the momentum has also been steadily downtrending, with a false...
Look for NAS100 to correct from it's record high after breaking out from the rising wedge and forming a double top. Expecting this to fall to around 13,550. Additionally there is also a Bearish Gartley Harmonic pattern on the Daily chart.
Hello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity NAS100USD .
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it,...
Hello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity NAS100 .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it,...
Hi traders today we are looking at Nas100
From my analysis I am looking for a sell in the market once we break resistance, we have a clear range on the sell to could pick up a good few pips.
