Price has recently into an area of resistance, I'll be expecting price to trade down as marked on the chart. My setup for the week to come until take profit is hit. HAPPY TRADING
In this video, we conduct an in-depth analysis of the NAS100, focusing on its current bearish sentiment evident on the higher timeframes. Notably, the US100 index has recently approached a critical support level. Our discussion within the video encompasses vital components of technical analysis, such as the prevailing trend, price action dynamics, market...
According to my analysis, the downtrend will continue, And the support zone where the price was supported in the previous two series. This series will be broken. Follow for notifying more Analysis. Boost, Comment for signal, and more.
-----------NASDAQ/NQ HEDGE----------- I had to hedge my previous position as chart bacame a bit nasty. It needs to settle down. We will see. This is not a financial advice, do your own research and analysis.
I'd like to share my insights on the US100. As the week is coming to a close, it's important to be mindful of potential stop runs by institutional traders, which can be quite aggressive on Fridays. Additionally, we have the Non-Farm Payrolls (NFP) report scheduled later today, so if you're considering trading, exercise extreme caution. These remarks are more in...
Looking for continuation higher in the Nasdaq once we reach wave {c} target of equality with wave {a}. Looking for one more leg lower before resuming higher. Feel free to ask question and leave a like if you enjoy the content. Trade safe!
The NASDAQ has been performing extremely well for the year, and a special rebalance was put into effect in July to slow down the NASDAQ’s growth. Currently the NASDAQ has support in the EMA ribbon, which also intersects with the white support zone and yellow support line. This yellow support line has been acting as a support level since January 2023. I think the...
Analysis . Observe the money management and the stop loss. US100 analysis : opportunity to sell . Follow , like , and or request.
You can see all you need on the chart. In the first zone, you need LTF confirmation but in the second zone, you can sell without LTF confirmation. 💡Wait for the update! 🗓25/09/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Today's focus: NDX100 Nasdaq Pattern – Higher lower support point (LH Inc) Support – 15,320 - 14,690 Resistance – 15,520 – 15,822 Thanks for checking out today's update. Today, we have run over the NDX100 on the daily chart. We have started with the overall picture and worked our way into the current short-term perspective with things we are watching and levels...
NASDAQ Daily *Note: This is an update to our previous analysis that will be linked below Price Chart The NDX is currently trading within an upward channel (Yellow Solids), and has recently tested the bottom trend line a fourth time; the more price retests it the weaker it becomes. This has also formed what could be the neckline (Teal / Red Solid) to a head...
NASDAQ Daily Price Chart We have quite a bit going on here so, pitter patter lets get at 'er. First, we have our second fake out (Highlighted) on the major trend line (Yellow Solid) which is accompanied by less buying volume than the first. EMA's have not crossed yet however we have a solid close below the 50-day and a legit cross of the 12-day and 26-day...
We are in the wave Y area. From here we can expect upside again but we see it as the 'last' chance.
In the higher timeframe, it looks like we are doing a wave (4) down which should be followed by a wave (5) up. However, there is a potential trap in which we might see way more downside as the wave II correction can still be ongoing.
We are reaching the areas from where we can go long again. We are looking to buy wave ((c)) and wave Y for more upside. There might even be a chance that waves ((c)) and Y are already completed.
Despite the most recent sell off, my wave count suggests further upside, potentially during Q4 of 2023 should be expected. Looking for support to be found, to then resume higher. Feel free to ask questions, Trade Safe!
We are reaching the areas from where we can go long again. We are looking to buy wave ((c)) and wave Y for more upside. There might even be a chance that waves ((c)) and Y are already completed.
We are reaching the areas from where we can go long again. We are looking to buy wave ((c)) and wave Y for more upside. There might even be a chance that waves ((c)) and Y are already completed.