Nas bearish and creating lh/ll. now towards a new ll
i use a basic strategy, SRT SUPPORT RESISTENCE AND TRENDLINE , WORKS WELL FOR ME .
Please see my previous idea As my previous idea, I mentioned the next nas100 movements. Where we are now? As you can see from the picture, Friday we touched liv 0.786 Fibonacci (17917.60). On the RSI indicator an overbought position in multiple TF. Appl on RSI indicator shows overbought in multiple TF. This calling an obviously down from now. I advise to all...
Analysis 06/05 Nasdaq just a retracement or Short? As my previous idea, I mentioned the next nas100 movements. Where we are now? As you can see from the picture, Friday we touched liv 0.786 Fibonacci (17917.60). On the RSI indicator an overbought position in multiple TF. Appl on RSI indicator shows overbought in multiple TF. This calling an obviously down from...
Looking at price and market structure, what’s your idea
I am stilling holding a bullish bias for the week 6th to 10th May. We have almost filled the daily FVG. I would like to see the low of the week formed on Tuesday around the 4h FVG marked with the weeks high above 18400. We may keep the 4h FVG unfilled and react from the nest 15m FVG which has formed around the brkr form on the 29th.
NASDAQ has confirmed an important level breakout recently. Here we witness a breakout and pullback on the major demand zone identified under the hourly timeframe. Here we also identified an important bearish flag formation, which is likely to create another dip towards the bottom level of support created.
With expertise in Inner Circle Trader (ICT) methodologies, I possess a deep understanding of market dynamics and price action analysis. By applying ICT principles, I decode market behavior and discern optimal entry and exit points with precision. Integrating ICT insights with range-bound techniques, I navigate both trending and sideways markets adeptly. Coupled...
Us100 has breached structure on daily time frame …
When everything just lines up… pull the trigger and get into the trade. You cannot make money when you are sitting on the sidelines watching. Take action - make the money - take the money.
Dollar Strength = Stock bears 50 % retracement zone also agrees with US30.
Given the information provided, it seems like I'm considering a swing trade on the NASDAQ 100 (NAS100) in a choppy market environment where the price has been fluctuating around the same zones for two weeks. Additionally, I mentioned that the current market direction has been long since November 2023. In this scenario, here are some considerations for my...
Divergence in H4 OB, possible chartist pattern break
Did, my analysis yesterday, and today played as shown for a quick buy, and hold. Notably there is a lot of buying pressure. with a lot of buying points. Of particular interest is the demand zone at the top.
In my opinion Nasdaq 100 should come down to test at least 16900 before to go up again.What is your opinion ?
Hello Traders! Here is my analysis of why I believe NasdaQ will turn bearish end of this year, and H1 of 2024. 1. Macroeconomic Headwinds: Slowing Global Growth: The global economy is projected to decelerate in 2024, impacting corporate earnings and investor sentiment. The ongoing war in Ukraine, persistent supply chain disruptions, and tighter financial...