Market comes from retesting a previous resistance lets see if it will break the previous support or continue to go down bear in mind that the are liquidity gaps that the market needs to cover then take a more stable direction.
3/24 @ 8:50 pm EST 1. Beach Levels M 7/8 17500 W 7/8 18750 D BTW 5 & 6 18375 CMP 4H 7/8 18359.4 1H 7/8 18359.4 M30 2/8 18359.4 2. Waves Day: OB Buying 4H: Mid Buy; O OB Selling 1H: Mid Buying M30: Mid Buying; Y OB Buying 3. Channels M- Bullish; Near top W- Bullish; Top D- Bullish; B/o downside current r/t? 4H- Bullish; Middle 1H- Bullish; Bottom M30- Bearish;...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand and supply zone (low-risk buy/sell zone) spanning from 18050 to 18000. Additionally, medium-risk sell zone between 18450-18470, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Buy Zone🟠: Noted between 18050 and 18000, suggesting another...
Sum of the averages within the blue boxes and that is still what I am seeing. I had a great long last week but was taken out by the SL in profit, yet it went the full direction of the forecast. We seeing a flag forming that is slightly bearish, which would allow us to place buy stops just above and a SL below the flag low, but this is the high price Nas has ever...
The NASDAQ is poised for an initial target of 18060, with favorable buying opportunities anticipated as it progresses towards the 18700 mark.
us100 25-29 Mar 24 This is just a guideline trading us100 for tomorrow. Happy trading everyone! KS
Multi-frame Highs and Lows, OB's and IB's. Bullish Uptrend, Price hasn't broken structure as yet.
This symbol seems to trade in rising channels. So far price is currently trading in Channel A (smaller channel) and currently facing the resistance of this channel. Would price break the resistance of channel A and move towards the resistance of channel B or will channel A hold?
NASDAQ DAILY SUPPLY AND DEMAND ANALYSIS, we'll be waiting for price to come retest our DZ1 to go long again .
dentify market direction/bias. Identify the current trading range. Use Fibs to identify discount/premium levels. Identity an AOI/POI inside the discount/premium level. Go to a LTF an wait for liquidity sweep/grab and CHOC. Wait for retest price normally creates a new cycle and once CHOC happens you can get in on the retest.
ICT OTE Short just occurred, watching for retrace for buyside liquidity or continued sellside liquidity run.
For the coming i'm still bearish but will be dependent on the market breaking and closing above our newly formed support at 18430.1 or a test and rejection at 18255.7-18184.9. These levels were further supported by fib retracement, so i'm hoping to see that bullish continuation on the Nas
The analysis suggests that NAS 100 (Nasdaq 100 index) is currently within a major buying and demand zone. This zone is a price range where significant buying interest has historically been observed, indicating strong demand for the index. Specifically, the demand zone is identified between 18,200 to 18,300 points on the NAS 100 index. In technical analysis,...
Weekly=Bullish. Daily=Bullish. 4H=Bullish. 4H broke out of triangle/pennant pattern for a bullish breakout. Expecting price to pullback to 50% or 61.8% fib level and continue up. If not price will continue from 38.2% where its currently at. Looking for swing level of 18750 & 19000 before major pullback. Breakout buy is above 18477 on 4H.
NAS makes a balanced range on the 4H chart, we are now at the extreme boundary of it, we are now either going to see mean reversion back to 17800 or a break higher towards 19k! will post an update into next week.
My thoughts at the beginning of the year in looking at the NDX was that it had formed a double top and it was due for a pull back. Well I was definitely wrong on that as it has continued to surge ahead, imho, against the odds. This weekly chart is now showing the Potential High from the breakout of the Cup and Handle pattern as well as Breakdown targets.
Hello everyone, I would like to see the structure on the 1-hour timeframe break into the premium zone and descend into the discount zone to rebalance the price.
Us 100 trade, it is possible that the high of the week will be reached again but considering that it is Friday it is not a High probability trade