good afternoon,
nasdaq looks really nice from my perspective.
lot of fear in the market right now, but that is when the biggest opportunities are.
this is 100% a risky swing, but i have a feeling we have one more leg to go to end this year with a total bang.
don't go big if you take this trade, and make sure to have a stop loss if you do.
a stop loss is the...
while the majority of us stocks are going down due to a profit taking phase , nasdaq seems to have reached it's maximum before a possible upcoming correction in the market.
NASDAQ has finished it's 5th wave of eliott waves.
NEXT OBJECTIVE: 16000 $
OBJECTIVE 2 : 15700 $
This was my third trade from yesterday. Price has been in a short term down trend for a few days after making new highs. I followed market structure and waited for a pullback to the 70.5% fibonacci level to take my short entry. On this trade there was a little drawdown but nothing telling me I shouldn't be in the trade. Price came down to my first target which was...
Expect the price to make another ATH, we are in a bullish market structure potential entry for the trade when price reaches the 16300 key level for buys, from a technical perspective price just broker last high wait for a retracement then execute the trade.
I expect bullish price action on usa indexes, dow just broke the last high and turned the market structure into a bullish perspective, i expect for a retracement into the discount area fibonaci and then long this instrument, also we are in a bullish orderblock d1 a strong area of supply for the price, expect to reach new highs the next week. HOLD and PATIENCE
Nasdaq is ahead of critical crossroads as the Lower Highs on the RSI on the 1D time-frames show a bearish divergence against the Higher Highs of the actual price.
When the 1D RSI formed this sequence in the past, the index dropped at least -8% but only if the previous Low broke (black support). In mid July the Low held and Nasdaq continued on a small Channel Up...
put buystop on 1hour EMA200 advice with sl on today low
strongly advice until 17200 dont pick sell signals,looking for buy in deep again (nasdaq long term in way to 20.000 )
if you have old sells,put SL on ema200 1hour (green line) break it mean + wild fly up will come
good luck
As you see in the 1H chart, after a strong uptrend, price has started to rest and bounce sideways.
There are downside and upside moves in the sideway zone, and currently, the ascending trend line of the last upside move is broken out to the downside and price has started a sharp downtrend.
I expect a drop on price with two targets:
First to $2893 and in the case...
after a very messy start to the week I feel I found something that might help myself and others.
I NOTICED some trendline liquidity with an imbalance below...and an OB around 15700 which is my new POI for buys.
my OB at around 15700 also lines up with a daily key level of resistance which turned support.
but it is nas100 so lets see how this plays out.
Since my last long-term update on Nasdaq 25 days ago, the price accurately recovered from the September correction, and hit both of our targets:
Currently however the picture from a technical standpoint seems to be reversing again as the index is approaching the top (Higher Highs...
We have two sell zones on this chart - Supply Zone 1 and 2. I so much favour SZ 1 because of the downward momentum. However, we have liquidity above the zone and the price might tap slightly above it into SZ 2 before moving down.
Suply Zone 1
If the price pushes up to this zone, I will look for candle reversal pattern with signs of strength and sell.
Supply...
Wave 4 bottom just short of the wave 1 invalidation
Now it seems Ndx100 moves up to complete 5 in (3)
Then comes (4) and (5) to complete next year it seems
nasdaq now reach our target (last analyse)
if you have buy ,close it and wait price go down to green arrow
if you have old sells , in 16430 you must close sells or hedge them
prediction =
daily chart trend will + to 17000
Continuing from the successful head and shoulder dip buy all the way up to 16500 from 14450 as planned, big ups to those who followed up with the plan and grabbed a couple of pips. The second shoulder of the inverted head and should pattern was very tight and small retracement occured, creating apt of momentum going up leaving a huge Gap for another meltdown. We...
