We are still working on the wave (4) as a WXY structure. The wave Y is unfolding as an ABC pattern and it looks like we are finishing wave ((b)). Based on a major resistance level and the S&P 500, the alternative scenario calls for the end of wave (4) as a WXYXZ structure. Price action in the lower time frame will help us to choose between the two scenarios.
Target makes an impulse wave to wave 5 downtrend - Stop Loss (15134.6) - Target 1 (14304.0) - Target 2 (14096.4) - Target 3 (13888.7)
i believe we might see a bearish move soon on us100 , we have a falling trendline + key level most likely a sell from there. what do you think
We are still working on the wave (4) as a WXY structure. The wave Y is unfolding as an ABC pattern and it looks like we are finishing wave ((b)). Based on a major resistance level and the S&P 500, the alternative scenario calls for the end of wave (4) as a WXYXZ structure.
We did not trade this directly because: - We were short on both the Nasdaq and the SPX500. - Both the assets above had a better RR. - Both have made us higher percentages than Google would've so far. However, we deem it important to post google as it is exactly the type of trade set up that we preach about and showcases traditional Technical Analysis in its best...
In this video, we conduct an extensive analysis of the US100 NASDAQ, with a primary emphasis on the prevailing bullish price swing observed in the 1-day (1D) and 1-week (1W) timeframes. Notably, the currency pair is approaching a pivotal resistance level, indicating the potential for another leg down. Throughout our discourse, we delve deeply into the intricate...
We are still working on the wave (4) as a WXY structure. The wave Y is unfolding as an ABC pattern and it looks like we are finishing wave ((b)). Based on a major resistance level and the S&P 500, the alternative scenario calls for the end of wave (4) as a WXYXZ structure.
Hello trader! Today, let's trade the good old US100. A nice setup has formed for entry and taking out the lower liquidity. There are possibilities that the price may go and take out the liquidity from above, but the chances of a move downwards are much higher. 🚀Please support my efforts with the "Boost" button. ❤️And a comment is the best thing you can do for me now!
We are still working on the wave (4) as a WXY structure. The wave Y is unfolding as an ABC pattern and it looks like we are finishing wave ((a)). Based on a major resistance level and the S&P 500, the alternative scenario calls for the end of wave (4) as a WXYXZ structure.
Welp my average buy in is $0.43, CEO hugged biden or something thought it was a safe punt at $0.70 after 99% draw down lol. Down more then I would like to admit on this one, but still only 5% of trading account....not ideal of course. Lets see what happens. Will sell before year for tax loss. Not Advise, good luck.
We are still working on the wave (4) as a WXY structure. The wave Y is unfolding as an ABC pattern and it looks like we are finishing wave ((a)). Based on a major resistance level and the S&P 500, the alternative scenario calls for the end of wave (4) as a WXYXZ structure.
we have the nasdaq with a sell signal after eating all the liquidity from the previous sessions of last week now we can go down to other points of interest
I'll be looking for a retest of the support line break we saw yesterday If we're lucky we can see that this week still If the support like is retested but fails to break, it will indicate a good short position Target for a short position will be 13750. Lots of open air below. Waiting for a retest/break
sell from that position we are on our way to sell but take care of the stop shown in the graph
We are still working on the wave (4) as a WXY structure. The wave Y is unfolding as an ABC pattern and it looks like we are finishing wave ((a)). Based on a major resistance level and the S&P 500, the alternative scenario calls for the end of wave (4) as a WXYXZ structure.
Been shorting for a month, adding more. lets see what happens, target 200 MA.
Nasdaq slides into correction territory as tech giants grapple with challenges, while investors await Amazon’s earnings report. The U.S. stock market opened with mixed sentiment, as the Nasdaq Composite extended its slide into correction territory due to underwhelming earnings reports. Nasdaq-100 futures dipped by 0.5%, while S&P 500 futures saw a 0.2% decline,...
We got our confirmation that wave (4) in the higher time frame is not finished yet. We are probably working on the wave Y of a WXY correction. The wave Y is unfolding as an ABC pattern and it looks like we are finishing wave ((a)).