Believe we will end the week bullish as long as we hold this low from the open. We should retest the upper line within 3-5 days max. Cut on a 2h close below low presented here.
Good Evening and I hope you are well.
overall market comment
Bulls got excited again and calling for new all time highs after a 3 week selloff. Well today was the expected disappointment for the bulls, after euphoric bears got disappointed last week. That’s what markets do after wild moves. No one knows where it’s going and market is looking for the fair...
"#Nasdaq : On the 4-hour chart, there's a clear indication that the price continues to move downwards. If we are bearish, I expect to see the price fill the liquidity gap and then break the previous low, directing the liquidity in Tue 16 Orderblock. However, if we break the last bearish defense in the chart, it will lead us to anticipate a rally upwards. I will...
today we see in the charts in 8hrs the posibility of a bottom, a good close in a green hammer.
the market have been goign down a lot. but i think we might push up.
in blue we have entry and in red stop loss. target in green.
Elektra 33
Just a quick demonstration...
Accouding to the TD Setup rules, a normally perfected TD Buy Setup would see the lowest point of the 8th and 9th candle be lower than the lowest point of the 6th and 7th candle. This to say, if it is normally projectable, then there would be a Lower Low point less than 17113 over the next three days, if not another three days after...
Took a long on NQ. Before taking this trade on NQ I saw it retested in inbalance zone but waiting to go long to see where price action will hit on Fibonacci retracement. I saw price action hit a 0.382% Fibonacci level indicating a strong trend to the upside. Aiming my TP at an Order Block that is shown on the 15min, 30min, and 1hr time frames. Based on the Smart...
Rationale:
Internal Resistance High: The internal resistance high at 17322 serves as a critical level where selling pressure is likely to intensify. Traders can capitalize on this level by initiating short positions, anticipating a reversal in price action.
Session Timing: The trade idea is particularly relevant during the Asian and London sessions, where...
