Taken a nice short scalp on US 100. Entry 17279 TP 17225 SL 17327 IF we don't hold these current 1H lows I would expect further pa to the downside targeting the HTF sellside liquidity IF we hold these current lows expect us to retraced towards 17350 and the buyside liquidity resting above. Bear in mind the overall HTF from the daily and weekly perspective....
This trade hit Stops this high wasn’t a strong enough supply I will be looking at the yellow bar at next level of supply
Hi All, I haven't posted any views on the markets in a long time. Currently, all indices are in the long bull run and we need some healthy pullback. This idea shows my view that you can consider and it is the H&S pattern with targets below 15,000 . The trade is running for me from 18,000 . You can re-enter at the retracement GZ (17700-800). The most...
US100 Has made its way up as predicated its still within our sell zone so we would be looking for short entries soon provided theres a rejection at the neckline of the double top formation
Nasdaq is bearish on its 1D technical outlook (RSI = 37.414, MACD = -64.490, ADX = 50.187) but the 1W RSI is still bullish (RSI = 56.510). You can see the reason on this chart. The long term pattern is a Channel Up that is supported by the 1W MA50 for the past 13 months. The current pullback can be seen as a phase similar to the consolidation of August-November...
nasdaq is oversold. its the candle and pattern is good for bull beware lock 17200 meaning downside. (please dont risk more than 2% in trade) watch your risk management. Good Luck. i try to always we will keep you all updated . Please don't forget to like, comment and follow to support me, i really appreciate you support ! Goodluck i'll help you to have a great...
I have spotted a chart pattern on the daily timeframe ,price has gone further to break out of the neckline .i anticipate Nas price to consistently break the lows on the daily timeframe, in the mean time i will be wait for prices to pull back into 17800 .as sellers will like step in to drive price lower
As you can see on the chart, The market has depleted all the buyers power in the last up move (as shown on the chart) and got overtaken by the sellers. Now we'll wait for the market to go up to our Selling zone at 17369.62, SL and TP as sat on the chart. For further questions doon't hesitate to ask!
Strong divergence can be seen in the indicators. The possibility of correction is very high. I do not look at buying situations at all
Thesis: Geopolitical uncertainty (war) may trigger risk-off sentiment. Sideways price action suggests distribution pattern forming. Bearish divergence on higher timeframes indicates weakening momentum. ABCD pattern supports a potential reversal from the distribution zone. Entry: Short below the distribution support level (yellow rectangle on your...
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...
Risk-On Sentiment has taken over the markets today despite bad manufacturing and services data.. and it began yesterday on Nasdaq with the Daily candle closing back above the Daily Level 17,164. Other confluences for the increase on Nasdaq include 1) Jerome Powell's hawkish comments on April 16th. 2) Dollar Index 5 minutes chart : Here we can observe the Risk on...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
US stock indices are attempting to halt their declines on Monday after heavy selloffs last week. The US 100, which focuses on the technology sector, dropped over 5% last week, its worst weekly performance since October 2022. The index is down over 8% from the highs at the end of March. Resilient US economic data and geopolitical concerns have pushed investors...
Looks like price was bearsh last week the whole we but these week seems to be different noticing that price is on a support areas and for the week am looking for buying opportunities.
In the most recent trading session, the Nasdaq, mirroring the broader trend observed across major US indices, underwent a significant retracement following an extended period of bullish momentum throughout the year. The Nasdaq's price descended to a demand zone situated approximately at the 50% level from the preceding swing on the daily timeframe. Subsequently,...
Nasdaq-100 dropped almost 2% that's a 6th straight loosing days as the NVIDA drooped 10% due to Shares of the AI chip leader got swept up in a broader AI sell-off after one analyst noted that Super Micro Computer failed to report preliminary revenue that indicates a doubt of its future result. Also Netflix (NFLX) dropped over -6% in pre-market trading despite...