US30 D1
Big daily timeframe again here, you can see how much US30 has given back off the back of the dollar correction. That being said, we blitzed through 33600 resistance with no issues, the next area of correction/pivot may lay around 34000 whole number.
A nice area of D1 resistance and supply, 34000 whole number, and a solid 6R measure to see a 50%...
Pair : Nasdaq - US100
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame
Break of Structure
Completed " 1234 " Impulsive Wave
Fibonacci - 100.0%
Divergence
S / R Level
Pair : US100 Nasdaq
Description :
Rising Wedge as an Correction in Short Time Frame and Rejection from the Upper Trend Line
Impulse Correction
Rejection From Daily Resistance Level
Divergence
Break of Structure
Completed " 12345 " Impulsive Wave and " abc " Corrective Wave
Double Top
* Here we can see the Next Moves for US100 today,
* We're expecting the Mini Move ( PullBack ) before the continuation of the Down Trend,
* We're Using STF for a cClearer View of our Analysis, Therefore we can't predict the duration of the moves,
* We've got a Major Fundamental News today ( NFP ) at 1:30pm ( GMT + 00:00 ) London Time,
* Keep a close eye on...
Using the Supply and Demand strategy, we can clearly see that the price reached a strong demand area where the price rebounded strongly, in this case i would recommend waiting for confirmation from the 4h candle after wich we think about buying, the levels are shown in the chart.
GOOD LUCK FOR ALL.
It might be a good opportunity to buy at 11780
Its forming an inverted Head And Sholder
And breaking a strong resistance
And its gonna be breaking 0.382 Fibonacci
US100 might have a good sell after it break 11780 that is 0.382 on fibonacci target 12210 that is 0.618 on fibonnacci
after reaching historical level it reversed now breaking that resistance is good and its still have gap to fill
and its still bouncing between the channel
as on the weekly timeframe we have divergence on cci and %R
have confirmations before...
My most recent Nasdaq post was a buy signal on the 1D MA50:
Currently we have a buy continuation signal for the long-term towards the 1.5 Fibonacci extension (16300) with a potential short-term pull-back to add more longs on the 0.5 Fib retracement or the 1D MA100 (red trend-line). This is based on the May - June fractal whose pattern is so far following in...
