Hello everyone,
The market had some beautiful clear bullish run and we are now at the top of the channel. Two scenarios this may play, firstly price may pull back to areas of 11581 before continuing to go up to 12159 area. OR price may just break 11878 area and continue going uo to 12159. Either way I am bullish with the market.
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just follow the trend .. nothing more nothing less
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don't forget your risk management
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Hello Everybody.
The market played really nicely to the analysis from Monday. Now we will probably see price pushing down to the levels I drew earlier. These levels were mentioned in the previous analysis. The price will most likely now come down to 11334 IF the centre channel line is broken. if that happens nothing it stopping it going down to levels of 11236-...
Hi Everyone,
It has been a while and I hope you all are doing well. I am back to do regular analysis and help you all progress and get better at understanding the markets.
Looking at the current nasdaq market, we can see a rising wedge has been formed. It is very close to a breakout. This is likely to break down however there is good possibility for it to...
A repetitive phenomenon in the Forex markets is the price acceleration and deceleration.
It is very common that you see the price trend starts suddenly to accelerate and the
upward wave gets sharper and steeper, especially in times of speculative bubbles.
P.S.
i dont say that will happen tomorrow but you have to be very careful now
NASDAQ - Intraday - We look to Buy at 10684 (stop at 10484)
Trades at the lowest level in 30 days.
Bespoke support is located at 10684.
The medium term bias remains bullish.
A Fibonacci confluence area is located at 13322.
Our profit targets will be 11337 and 13322
Resistance: 11337 / 11552 / 13322
Support: 10800 / 10684 / 10427
Disclaimer – Saxo Bank...
Hello Everyone,
The market has so far played beautifully as analysed. Now we have reached a area of strong resistance 12039; this area has had price rejection in the past many time. However I can see this breaking soon. Price may come down close to 11878 area before breaking 12039, Or it will soon break 12039 without a pullback. When it does break, price will...
Price formed a Bearing Flag/Pennant on Daily. With the structure break on H4 timeframes are now confluent. Price is now moving retesting resistance zone.Layered with the supply zone and the divergence. A Sell pressure is on the rise.
$NAS100USD : My bias is still bearish. i waited for a bit more price to develop and saw that price retested a previous major exhaustion area. So i went back for sells and is looking for a break of major exhaustion area of 10803.8
H i people Welcome to Team Decrypters
We are looking to Short Nas100 Around 11k on confirmation
Stoploss & Targets are mentioned in The chart
Fundamental Reason :- AS "AAPL" Loss the support on Daily it will move towards 100$ Tesla Microsoft and other Tech companies to Follow till pre covid level so we are expecting NAS 100 Also to visit pre covid levels...
I tried to give Nas a chance. but I can not wait any longer. I hope I'm very wrong.
P.S. this scenario is not valid above 15.2K and new ATH
10 reasons why someone chooses to become a refugee.
1.
2.
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5.
6.
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10.
there is no reason.
people do not become refugees by choice.
Iraq, Vietnam, Libya, Cyprus, Syria, Yugoslavia, Armenia ... "West",...
TSMC to up Arizona investment to $40 billion with second semiconductor chip plant
The investment by TSMC is one of the largest foreign investments in U.S. history, and the largest in the state of Arizona.
Semiconductor chips are used in everything from computers and smartphones to cars, microwaves and health-care devices. Once the plants open, they will produce...
Nasdaq making inverted cup and handle formation and after completing its handle retracement it is going down with the major support area of 11605.
Stop loss area should be the 11850 .
