Possible short opportunity during the New York session open, Price has consolidated near a POI and if hit should continue to take out GLOBEX low
The Nasdaq index is showing a bullish trend towards 18245, and as it is difficult to breach this level, the price may be pushed down if it hits it. Be cautious, though, as stability above 18245 will take you to the previous high zone, indicating a climb in the direction of 18400. When the price closes a 4H candle below the 18130 level, the 18040 level becomes a...
I`m waiting for an breakout and and than an retest and take the trade without breakout and retest their would be no trade at all.
Here's a fresh look at the NASDAQ (US100) where Elliott Wave analysis hints at a potential short opportunity. According to the wave pattern observed, we have just completed the fifth wave of a bullish sequence and are possibly transitioning into a corrective phase. The completion of wave (5) suggests exhaustion in the current trend, paving the way for a...
Hey Traders, in today's trading session we are monitoring NAS100 for a selling opportunity around 18300 zone, NASDAQ was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 18300 support and resistance zone. Trade safe, Joe.
Head and shoulders forming at sell zone on 1HR timeframe. Trade with sell stop at break of neckline.
Slightly late in posting this as I entered yesterday afternoon. NASDAQ longs. Looking for a small increase in price as there looks to be some high quality supply above. However, with indices supply often fails especially in a bull run.
Sell Idea: As the Nasdaq approaches its all-time high levels, the index has exhibited a prolonged bullish trend with minimal retracement. Given the substantial upcoming fundamental events over the next few days, there is an expectation that the Nasdaq may experience a significant drop, potentially marking the completion of its current cycle. This setup presents a...
Hi Traders we still on uptrend having to reach previous higher high. now we on high low with long rejection from downside. showing less momentum to downside. Please share your results. Enjoy your day. Certified Price action king.
i am tracking 3 set ups for Nas as we approach some important news this week. i expect Nas to be bullish but the news events to act as the anchor for the pull backs and retests
GO short @18400 SL ✋ - 18600 TARGET 🎯- 17000 RR - 1:4
just another brief post to help some of you who may be struggling with proper analysis... Remember even bullish markets need retracements... The bullish trend is HL/HH’s... If the market is at a HH with proper certification of completion…then it will retrace to form another HL. Do not get fooled into thinking the market is permanently reversing…it is just the...
it seems that trend has switched to longs, lets see what bulls can do just some times they are too lazy.......
The NAS100 (NASDAQ, US100) has traded into a 1D and 4H nested bullish order block. Currently we are seeing an aggressive pullback down into our optimal entry zone. In the video we cover the trend, price action, market structure and I share a couple of trade ideas for consideration It's important to note that the information shared is intended purely for...
Hello traders :) I am back with another trader idea. In the case of Nas100, we can expect a move to the downside soon. Like I've mentioned in previous analysis shared on indices. In general, May is a bearish month for the Indices. I will be shorting this pair for a 3-4R. It can be traded as a correction, or we can look to hold until the end of May. I will...
After examining the NASDAQ chart on a 4-hour timeframe, we observe that the price, after an initial correction from the 18250 area, has re-entered this zone and shown a negative reaction! As I mentioned in the previous analysis, the range from 18250 to 18340 is a very important supply area, and I expect the price to react to it! Now, if the price stabilizes below...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (medium-risk buy zone) spanning from 18050 to 18025, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Buy Zone🟠: Noted between 18050 and 18025, suggesting another area with moderate risk for potential buying positions. Bullish...
After sweeping the 17114 level on the daily timeframe, price has broken 17435 which was our Break in Structure. We are looking to go long once price breaks above 17603 (Reclaimed OB) leading us to target 1 coming in at 18029 and price is above our 50 MA. Below the 17435 is a dead zone (Point of no return) More updates to follow.