Extreme bearish momentum + engulfing at resistance during NY session. Trading at OTE Zone + previous resistance with 1:1 risk reward
NAS100 has done it first impulse as sub-wave 1 of wave 5 now pair is expected to pull-back towards the FVG on 61,8 Fibonacci retracement...
Possibility of a double top pattern to see some bearish movement to give us a retracement since we broke price level @17805.00
Nasdaq broke the multi month ascending channel, and now seem to retest the zone where the channel broke in the first place, which is a good area for bears to enter the market with a good RR.
Hello everyone It seems that last week was the end of wave 1 cycle in NAS100 and its correction has started. There is no one that can predict what patter we are facing to for this wave 2 cycle it is just an idea. Please take time and let the chart disclose its internal patterns. Just monitor uptrend impulses when wave 2 corrects confidently. Thanks
Investors will likely turn their attention towards the US CPI data released on Wednesday. Unlike in Europe, inflation has been surprisingly stubborn in the US in the past few months, and that has been limiting the Federal Reserve’s ability to start considering cutting rates. Whilst the resilience in the economic data has been keeping US equities supported, the...
First entry failed (rare case senario) so here is a more detailed chart with alternative entry points where i expect reversal even tho ive been crying wolf (recession crash) im not looking for it just yet but market doesnt wait for anyone now does it maybe it may lead to a retracemnt for bearish continuation ill update for interested parties
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
I expect little short before NY. 1/1 RRR. NSDQ is little bearish on monday but i expect little moves.
Fibonacci tool is the basis of my analysis.once we achieve a double top at 18444. It is a major drop to 12000 and a possible 7000. A crash I would call it.
NASDAQ BUY NOW🔥 🔊Hi trade we have Potential buy trade on NASDAQ. H4 We have Higher low formation and long wick from down side. As confirmation for buy. We looking to retest level of 18322.00 please share your results.
POI areas for today. I'm waiting for price to take liquidity and react to these areas. I shall personally take entries dependent on how price reacts in these zones. If price takes liquidity on the 1m timeframe in any area and shoots towards a POI, then that POI is more then likely invalidated. If price slows down before reaching a POI, then it's more then likely...
The price is nearing the resistance level at 18250, beyond which it is poised to initiate a bearish trend as long as it remains below this threshold, targeting 18095 and potentially extending down to 17950. Conversely, the primary bullish scenario would entail breaching the 18250 by closing a 4-hour candle above it, paving the way for an ascent towards...
The Nasdaq index has a bullish trend toward 18245, and when the price reaches this level, it may push the price down because breaking the 18245 level is not easy. But be careful, stability above 18245 will visit the previous high zone, which indicates a rise towards 18400. The 18040 level becomes a target when the price closes a 4H candle below the 18130...
NAS100 Longss bbyyy: - 5 Trendline touches for longs - 8MA entry on 1HR - 4HR engulfing candlestick pattern
Please, check our technical outlook for NAS100USD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 18154.0. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 18409.4 level. P.S Overbought describes a...
Here is our detailed technical review for NAS100. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 17914.2. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 17280.9...
👁️ OUTLOOK 5hr chart:https://www.tradingview.com/x/o9c9T2FP/ 30m chart: Context 5hr: Price has been bullish since the beginning of May. Trending nicely above the EMAs 10,50,200. Price is re-accumulating and we might get a slight pull back the beginning of the week then a push higher towards the end of the week but we will see. Validation 30m: Price is trending...