📊 In the four-hour time frame, the price movement trend is upward, but due to the decrease in the upward movement momentum of the price and the increase in selling pressure in the market, if the upward trend of the price breaks down and stabilizes the price below the range of 17,800 units, the price may fall to the range of 17,500 units🎯. The power range is 17200...
Bearish indications:
Trend line support broken.
Support broken at 17663
Moving average 20 resistance respected.
Evening star candle formation in 4 hr time frame.
Bearish divergence in 1 hr time frame.
Trade plan bias short @ 17658
SL:17791
TP1:17501
TP2:17357
Smart Money Reversal
Creating new dealing range
Bearish daily FVG was created
Which price will rebalance back in premium and drop down completing MMSM H1
Target 17476.1
This leg will confirm bearish bias to complete MMSM H4 downside
Target : 17117.6
On Tuesday, we saw a massive sell off after CPI data came back very hot. The selling started around $18000 and continued to below $17600 but bought back up into $17850 within a day. Clearly the sells have weak hands and buyers are in business or at least that is what they want us to assume. According to the fibs, the market sold off more than 50% from the high...
Hello Everyone,
The NAS100 is currently experiencing a robust bullish trend, indicating its strength and health in the market. However, caution is advised as we approach all-time highs, as there may be some turbulence ahead.
TradeWithTheTrend3344
USTECH Trade Plan Timeframe: 1D
#NDX100 #NASDAQ #USTECH #USTECH #TradingOpportunity #Divergence #TradingSignal #USTECHtradingsignal #Forex
Hey traders! 👋 Let's dive into a potential trading opportunity on the USTECH pair using technical analysis. 📊
📉 Previously Bullish Trend:
Firstly, on the 1D- timeframe, we've been witnessing a Bullish trend in the USTECH...
Nasdaq is approaching technical neutrality on the 1D timeframe (RSI = 57.511, MACD = 191.510, ADX = 25.356) as it got rejected near the top of a Double Channel Up pattern. The 1D RSI is printing a technical sequence resembling the July 31st 2023 LH, which was the start of a short term correction. Along those lines, we are opening a short, aimed at the 1D MA100 (TP...
We are looking at wave (3) in the higher time frame. Wave 1 of wave (3) could be finished or we had a relatively short wave (3). This is unclear for now. We reached the limits of the bearish scenario, we need to see downside from the current level.
Taken a nice short from 17660.7 targeting the sellside sitting around 17625. Stops at 17686.8.
Nice trade and clean pa as expect based on the current HTF. Used the 15min FVG (blue box) and entered on the LTF (3min chart).
IF we break aggressively through the sellside expect lower prices
IF we fail to break and hold the sellside expect the FVG to act as...
This is why the next 6-12 months in the markets are going to make zero sense.
2020 the FRED not only created money they injected so much unnecessary money that have they not enforced global lockdowns the "2022 mini bubble" would have looked like 2000.
Markets will follow and always adjust to debasement meaning your earnings / your P/E ratios are useless in...
NAS100 made a clear judas swing
-we got a raid on buyside liquidity then price quickly ran sell side liquidity only to continue higher
-but wait we went higher i believe to go into a deeper premium to sell Thursday which is tomorrow
Hi guys,
A bearish shark harmonic pattern appears to be forming on the Nasdaq 1 hour chart with the entry point, rather range of 88.6 to 1.13 extension ideally located near the upward channel that the Nasdaq has seen selling pressure during this uptrend.
Safe Trading all
In this analysis, we delve into the NAS100 (Nasdaq 100) index, uncovering key indicators and trends signaling a potential sell-off. From technical indicators like moving averages and RSI to fundamental factors affecting tech stocks, we provide a thorough examination to aid traders and investors in making informed decisions. Explore our analysis to stay ahead of...
The continuation of the upward trend is conditional on the dominance of buyers over the price range between 17800 and 17850.
Currently, selling pressure is observed in this area, and it has made it difficult to continue the upward trend
Buyers are having trouble with this, so we go with sellers and prefer to sell.
The price target is expected to be touched...
NASDAQ 4H - With this pair we have seen a-lot of bearishness being introduced over the course of the past two days. This will be down to numerous things, fundamentals being one of them.
As we know this pair is forever appreciating overtime so our best bet is to be a bull when looking to take part in this market. There is not harm in trading the corrective waves,...
