hello guys , as per my previous analysis the market had break the bullish structure , and we achieved the target(you can follow & see my previous analysis) now after this great impulse I am looking for correction. I have marked the area from there I'm looking for good opportunity to go forward.
Thank You ,
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As we can see, we have NASDAQ 100 in an uptrend. Presently, price is stuck in a descending triangle.
Therefore, an upward breakout from the triangle gives a buy opportunity to 16000 and a downward breakout from the descending triangle gives a short opportunity to the support level at 14500
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE NASDAQ FROM THE 4 HOURLY CHART.
The index has been on a bullish rally in a rising wedge currently approaching resistance level 14073.4 a break above of this structure signals continuation.
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After testing the Support line two weekly time frames in a row, it rejected to uppside both times.
In lower time frame such as daily and 4h time frame we can see how it bounces from the support ime, and forming a break to the uppside.
Daily time frame : Has made a W pattern, which is a bullish pattern. And the market has closed as if it has confirmed the...
Us100 D1 Ascending Channel Trade
in us 100 price is moving in ascending channel and possibility price fall from the uper trend line of channel but i take entry from lower trend line because of falling wedge and lower trend line support and there were divergence also so +1.11 is locked and waiting for tp1 which is +6.15 and final target is +10.00 let's see whats happens
Nasdaq made a correction as i predict in my previous forecast. Now it dropped to very important trendline which i think is a key level for the Nasdaq. I think that it’s going to bounce from here and looking for a new all time high.
AFTER REJECTING 12656,6 THE PRICE WILL GO UP ,
-TREND BROKEN & RETESTED
-SOLID SUPPORT BOUNCE AROUND 12757
-DIVERGANCE ON D FRAME
SO A HIGH PROBABILITY THAT THE PRICE PREPARE FOR A HIGH BULLISH UPTREND !
NASDAQ and the general US stock market could get a big boost this week, or atleast early on in the week based on the "expectation" of the 1.9$T stimulus deal coming up on Tuesday for voting, but we also get important inflation data on Wednesday, specifically the CPI and Core CPI data out of the US and we all know that in terms of fundamentals, that's exactly what...
US100 - Looks Like the Market shifts the momentum.
Well, this is not a Signal. Before open any trade make sure you did your work completely.
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