Seems Like Getting Ready For Some Correction So Far Holding Long Ascending Trendline The More Longer Tl Will The Weaker Trendline Will Be Already Failed To Make New High Twice & Got rejected Clearly Now Testing Trendline Incase Of breakout Expecting Move towards 14200
NAS100 Index 1 hour breakout identified. Expecting a further downside momentum here.
US100 Nasdaq is at strong supply as of price action analysis. 15300 is strong supply zone
NQ1! NAS100USD NASDAQ 2023 JULY 31 A) Market facing resistance at 16030-15904 area B) Fallen out of uptrend channel | | Lower High C) Rotation between 16030 - 15511 D) Weakening upward momentum on W / D timeframe Possible Scenarios: 1) Rotation strategy: Trade at boundary 16030 | 15904 and 15511 (grey zone 390 - 500pts range). Target can be 50% of range...
Us100 correcting on USD strength and US data ... GBP/USD same.... Upside is still valid technically on both...after pullbacks...let's see.
Under the hourly timeframe, NAS100 is currently displaying a robust bullish trend alongside a period of sideways price action. Traders are patiently observing the market for a clear confirmation of a breakout from this sideways pattern. Once confirmed, they will be able to determine the potential direction the price may take next.
Nasdaq got rejected again on the 4H MA50 and as the 4H timeframe turned neutral (RSI = 49.851, MACD = -15.090, ADX = 34.425), it is highly likely to see the index entering a consolidation/ accumulation phase similar to April's and June's. Depending on its length, it may even create a new, less aggressive Channel Up. The key for the uptrend to be maintained is to...
US30 Index is currently trading on a key daily structure resistance. The market is consolidating on 4H time frame, forming a head and shoulders pattern. If the price breaks and closes below its neckline (35330 level), I will expect a bearish continuation, at least to a support line of an expanding wedge pattern. Bearish breakout of the support of the wedge,...
My dear friends , This is my opinion on the US100 next move: The market is trading on 15600.4 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Goal - 15705.2 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when...
Nasdaq / US100 continues to trade inside the Channel Up pattern of the last 6 months. The price is staging a rebound just over the 15280 former Resistance and if it holds, that will be the final phase of the bullish leg that aims at a new Higher High of the Channel Up and will inevitably challenge the All Time High at 16790. The last two rallies achieved runs of...
extraction Sell side Liquidity Accumulation for the weekly gap i Expect the upward trend to continue
Looks like we still have some downside potential on US100. Today we failed to break the red sell zone. Looking for a further downside move tomorrow. Entry - 15447 Stoploss - 15500 (I would like to see a 30 min candle to close above that red box) First Target - 15390 Final Target - 15300 Let me know your thoughts. Happy trading!
There's an invalidation level, it means i prefer buy (expect a leading diagonal before start correction/ reversal) Elliott Wave is high subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers.
The number of Americans filing for unemployment benefits fell to 242 thousand in the week ending May 13th, down from an 18-month high of 264 thousand and below market expectations of 254 thousand. The latest reading indicated the labor market in the United States remains relatively tight, potentially leading to upward pressure on wages and providing the Federal...
S3 13215.8 S2 13240 S1 13251.1 R1 13275.3 R2 13288.4 R3 13312.6 My current strategy Bullish I asked chatgpt how she sees US100 of the future. And the answer is not too far away of my researches. I tried to visualize chatgpt answer The blue cuve is the pojected price developement by chatgpt. A little fun factor, so dont take it seriousely and letS STOCK TO...
We have closed our short position manually in Asia session,as we noticed high volume and RSI 78 The Market is in a longer term sideways mode,but for Day traders currently good chance to participate of minor bullish trend Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. If price continues...
🔹RSI bearish diverges against the price, indicating downward reaction. 🔹Between support 15200 and next resistance 15830. 🔹Technically POSITIVE for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it...
Nasdaq crossed under the MA50 (4h) for the first time in 10 days and looks to complete a technical correction inside the long term Channel Up. There is a Rising Support, marginally over the MA200 (4h) and near the bottom of the Channel Up to consider as buy entry. However the recent price action has shown that the lower risk buy entries have been after the MACD...