yesterday NASDAQ rejected on the daily M formation Neckline n momentum created to the downside to today open,
I am expecting to come to some minor retracement to the upside till the 38.2 retracement level and break off the H4 major trend line would be a nice opportunity to go short n ride the continuation of the trend to the market structure of the weekly zone
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Since October 2020, the price has been moving in a strong upward channel. During this movement, it bounced off the resistance line - the channel border - 14037.4, broke through the nearest line 13567.2 and fell to the support line 13184.6. The last breakdown of this line was false and happened back in March 2021. Therefore, I expect the price to reverse and rise...
Momentum is to the downside for day traders. Price action has signalled that 12600 is now back on the target list for the Daily time frames.
I'll be looking to see which way they grab liquidity first and then look for the opposite side to be targetted.
My past forecast came true.
After a false breakout of the support 13680.9, the price returned to the line.
Reasons for the following growth:
1 - strong support for July 2020.
2 - the fact of a false breakout.
3 - previous corrective fall.
The target is 14272.4.
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powerful buylimit place with SL=50 you must put , if open dont close before high
note = going down dax ,dow (will push US10year yield down) can push nasdaq up too
advice =looking for buy ,dont pich sell signals
1. Market has gapped up in overnight trading and bullish moves accelerate on Non-Farm payrolls. NFP disappoints, so retail traders think the market should come down, as prices rise, they flip chasing the markets higher. When they are all fully long, the market makers pull their bids/support, when the overnight inventory/supply is bought up by the retail traders....
Hello Trader, Here is the market analysis for this pair, Let me know in the comment section below if you have any questions, The entry will be taken only if all rules of the strategies will be satisfied.
The price has been growing in an upward channel since October 2020. After the last breakdown, which occurred in February 2021, the price returned to the channel, breaking through the resistance of 13391.5. Now she is at the support line 13591.1. This line was formed in the middle of the channel in November 2020 and corrects the price movement. I expect the price...
Hello traders, hope you'll doing well, sharing my US30 idea if you like my idea please like and comment your ideas as well.
Well I'm expecting strong sell at 34780. US30 is now over valued and needs to correct. I'm seeing high profit at Sell.
My sell order is at 34780 with stop loss 35000
TP 1 is at 34500
TP 2 is at 34000
TP 3 is at 33720
TP 4 is at 33400
NASDAQ buy setup. Market has shown alot of inconsistencies this week, key level areas not tested, but price is showing bullish momentum.
Looking for buy entries to 14500.
All the best with NFP
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The price has been increasing in the main trend since June 2020.
The price fell from the resistance at 14127.7 and broke through the line 13692.5.
I expect the breakout to be false.
The price will break the line again at point 13745.5.
After that, it will gain a foothold and continue to rise to resistance.
The target is 14276.4.
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Price had broken the 2 headed snake and has moved back to retest the strike zone. Expecting another wave of drop before bulls take charge again to head over to the bullish side of things
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i see a big move or long run on nas. market need some rest and ritrace some and creat higher low for this time and i mark a area for this. so next move we wait for this
