Please check the higher timeframe analysis to understand what is happening. I can see there is a rising channel and price has hit the top of the channel also the key area of resistance. If price does push down we can expect it to come down to areas of 12711-12225.
Hello Everyone. We had a great run on nasdaq so far and now I can see nasdaq has reached a very strong key weekly area of 12930, the price has also simultaneously hit a strong trend line, This trend line has a history which I have highlighted, many times over the months this trendline has been tested. many occasions it failed to break, in the recent weeks we can...
The 6th session NASDAQ100 had a strong bullish wave breaking through the important lvl 125xx key. We will look at some factors to be able to make a profit from it: - Fundamental Analysis: The biggest buzz of the moment came after Friday's PCE data was released. The market is optimistic with the view that "inflation is showing signs of peaking" and if inflation...
bullish trade oppetunity tp1 and tp2 mentioned on charts
Very straight-forward technical analysis . Apple broke below substantial support trend-line beginning of May 2022. The support was stretching higher with higher lows since early 2020, this changed just about a week ago. The drop below the trend-line continued with a sharp drop from 155 to 139 at the lowest. Connecting short-term lows provided support around...
Holla Amigos, Here is what am looking at today. Will will be streaming live for educational purposes at 8:45 AM EST. Intermediate updates coming soon. Kings
Hi everyone. We had a really clean break yesterday out the falling channel after some positive news releases. For today price will continue to go up at least 12584 the next resistance area. If this area is broken then price can push to the next level 12841. We will see some more bullish movements before anymore sells.
Holla, My main bias today is 'SELL' but i have to be very careful not to miss out on any 'BUY' moves that may take over my bearish bias. I will update in-between trades. Kings.
As you can see a pennant pattern as form now we looking for possible long position @ $11912.13
Hi Everyone. Iv drawn few more bearish key levels to watch out for if price does break down from this consolidation. Its been a really nice consolidation with many opportunities to trade inside the box. We will be getting a break very soon and price may push up or down. If price push up we can expect it to go to areas of 12400-12700 and if price push down then...
Hi Everybody, Nasdaq is still in consolidation. We can see a descending triangle that has been formed inside the consolidation box. These types of triangles usually indicate a bearish continuation so we can expect price to break down and continue to go down. However if price does break up we can see some bullish movement before coming down. Will keep you updated
Holla Amigos, A quick look at 4Hr timeframe shows that we might have a very clear buy today. Reason: 1. Fakeout play in 4hr TF thus indicating that price may drive majorly upwards. You might want to stick with price direction to avoid compounding losses. I will update here as usual. Kings
Anticipation of the market moving to a discount and setting up for a bullish move. If you like this video please donate
A quick analysis of the lower timeframe. I have created a box where price is moving in the sideward motion. We can also see a falling wedge formed inside the box, Falling wedges are usually a continuation pattern so price is likely to come down and then push price back up breaking the wedge and moving to the top of the box at 12063. Lets see how this plan plays...
Hello Traders, hope you'll are doing great. BUY NASDAQ | NAS100 | USTECH 100 BUY LIMIT @11,100 TAKE PROFIT @17,300 Stop loss only 600 points & TP is at 6,200 Points. =) Use proper account management. Good Luck.
How was your weekend? Here is what am waiting for today. Hopefully we will see a good confirmation to help us make much out of the move. Will submit my updates accordingly if i should take positions. Kings
The market opened last night with a very big gap, I expected it to go down as it was a strong area of resistance as you all already know from yesterdays analysis. The market is currently coming towards the 11700 area and price should bounce off this area back to the top before pushing back down. However with the momentum there is also a chance 11700 support can be...
us tech 100 H&S neck line breakout will hit our mentioned target.