Break and retest of the trendline, targeting a bounce off the 200 EMA
;;;; Overbought up to high so fast no big major reason for up still many bad news even having good news too so a small correction is very legit and will happens today or tommorrow stop loss make what you want,me at this level i just monitoring
Nas has made a new high again and we may see a continuation of this bullish momentum taking price to 13700-13800. However we may get some bearish pullback before continuing, if the bears do pull it down it will come down to somewhere between 13410-13300.
Although I mainly use the waves for my analysis I do often look at other indicators such as how people behave. Lately I have seen some peculiar behavior. So far my analysis appears to be heading in the right direction so let's discuss what is happening. See related ideas below to see how we got here. If you don't know the long term pattern shouldn't you be ...
Hi everyone, so the market has come exactly where I did say I will come on my previous analysis couple days ago. It was a slow stroll yesterday with all the reactions from the news. We are at a crucial point on nasdaq, a break of this 13585 resistance we will see a new high, 13700-13800, however the market may pull back before breaking this resistance. If we do...
... most likely. Let's reason for a second. (Despite all the noise out there.) The title chart is the Monthly Gold/Copper Ratio, e.g. is very powerful. (It does not tend to turn on a dime!) This has just completed the month of Jan. 2021. 1) It has finished the month by completing a Bullish Hammer, bouncing off of the (very) round number / level of 500; 2) It...
In this video I make sense of the latest moves in these markets using AriasWave. I am still bearish these markets and in this video I explain why these moves aren't bullish. If these markets were going to go higher I would be seeing the evidence but there are no signs of this happening. I do play devils advocate all the time which is why I am confident in my...
Watch for a push up as (illustrated) to the upper trendline and a push down and enter a sell when u see a 15min flag or a 1hr one, on breakout Thank you.
We had a really big fall yesterday and this is what I'm seeing now. The market is around the channel middle line, We will either get a break up or come down. For bulls 12787 and for bears 12465. A break out the channel it can go further
Hi Everyone, Happy New Year. Hope you all had an amazing holiday. Looking at nasdaq I can see this market is about to drop. It is still go higher and higher. Again today it made a new high. However when we get build up like this, it eventually tips. Bulls- Next target for the buyers will be 13100, It may come back for a retest to 12921 before carrying on or...
Its been very quite due to the holidays so i been trading inside the box. Its amazing how easy and simple strategy made me 300 pips in a day while consolidating. These strategies and experience cannot be found free on yourtube. This is 8 years of real life experience, which i learnt the hard way, Now its time to pass this down to serious people who will end up...
Yesterday was a amazing trading day. Very good for a Monday. Hope you all enjoyed it. We are back 12725 zone a break of this zone we can see bulls go to 12878- 13000. As for a rejection at that level, bears will bring it back down to 12460- 12232. Let prepare and have another great day
Hi Everyone. Nasdaq is currently approaching 12656 zone where price had come only last week at new high. The market will either break this new resistance pushing price higher or respect it and let the bears right back in. If we get a break, our next new target for bulls will be 12821 according to the channel, as we are still in a upward channel and it has...
Nasdaq - On the Daily timeframe price is rejecting from the bullish trend with confirmation of daily bearish engulfing candle. - A Sellstop after breaking the resistance level will be targeting the 0.5FIB Key level or the 100MA - A clear bounce out of the 14RSI from Resistance level to target the support Level. Note : for longer target i will hold short...