Nasdaq had a retest which made alot of people thing the trend changed, but it was just giving buys opportunities to step in. What are we expecting today ?
Nasdaq reached all time highs, created new highs and had a pull back. Could be a
WHSELFINVEST:USTECH100CFD and almost all other major INDICES are about to to correct the soonest, in my opinion RSI(20/80) becomes oversold on the 1D chart. At the moment it still has room for me green. Observe and decide accordingly
Hi Traders, This is an update to the analysis I shared on May 19th. Let's see how it goes... Best, Fibz
WE KNOW NASDAQ HAS BEEN GOING IN A PATTERN...REACHING HIGHER HIGHS AND HIGHER LOWS...There is a possibility of a higher high which will be above 9680+ and look for a downward move... U can see an inverted h and s pattern in nasdaq in the last few days and it broke and retest happened on 29-5-2020...According to my view nasdaq should reach its highest high and...
I have displayed a good entry point for a short and for a long. As a day trader, I go with the trend but also trade pull backs... I am neutral and waiting for an entry. VIEW TO SEE WHAT TO EXPECT
If the price will show a false breakout of this level it will be a great Sell opportunity. Keep watching and wait for the best entries. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
My personal thoughts on nasdaq direction, I am neutral at the moment because price is consolidation. Waiting for a break out of my box regions.
NASDAQ made new high in the present uptrend. It got a retest to the downside and then created a double top. Price rejection makes me predict another retest to the support. See video for more details
High resistance at 9604.6. Expecting a rejection, breaking support 1, 2, and 3, leading to a rejection down to support 4.
Follow up on my previous post.....
As a day trader, I trade with the trend but also take advantage of pull backs. To the newbies, you can do this too, remember keep it simple. Understand price action, do not confuse yourself. I started trading NASDAQ only recently as well that's why I said you can do this.
Point 0 fib, I believe it will shrink by 50% and continue the upward trend
NOTHING TO HIDE..NASDAQ IS MAKING ABCD PATTERN...SELL OPPURTUNITY FOR MORE ANALYSIS AND SIGNALS JOIN MY TELEGRAM CHANNEL : t.me/ujustjoinnow HAPPY TRADING :)