US100 made nice bullish Move up but a strong Horizontal resistance is ahead At 17638.5 from where I think We will see a bearish reaction !
We see that the Nasdaq index has left its upward channel and is correcting yesterday's movement, and we can follow it on the upward path.
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.
And that's how the study was 341 PIPS all the way up hope u took it traders It was an amazing trade
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...
Nasdaq: Short Position Potential 4H, 1H, 15MIN: Looking a downtrend
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...