Nas should break the channel and tha'ts where we will get a clear direction. i hope it'll but and continue breaking those higher high
2 Days ago analysis were done and nasdaq did play out good, right now buyers and sellers are having more like a neutral power at the moment. Right now nasdaq is at our sell level and we re-enter our buy trades to take the most out of the market.
I made this setup on M5 with RR 1:4.8 but TV does not support LTF M5 chart in "Publish Idea" section.
Looking at the range, and sideways short term trend, I see a higher possibility or bigger move and continuation of the trend at this level and at this price point, with use of, my new strategy that I have been getting better with and having higher wins :)
I want to try this sell, in my opinion probable reversal. The real key regardless of any strategy is to have a decent risk/reward . You win and you lose , so be cautious. No financial advice, do your own research
Nasdaq has turned neutral on its 1D technical outlook (RSI = 54.257, MACD = 119.240, ADX = 31.710) for the first time in 3 weeks, after a rejected on the R1 level (18445), which formed a Double Top. If it crosses under the 1D MA50 (which has been in support for 5 straight months), we will have a breakout sell signal and we will target the top of the S1 Zone (TP =...
After a bad month for me in March, we're now in a new month and hoping for better returns than last. March closed out with around 2.5% profit, Which has been the worst month for almost 6months. This new short is also the first trade going into this month. Short order was taken as price has continued to show more value for shorting than holding at these higher...
pullbk right to our entry, with 30mins rejection. lets see how it plays out. gbpusd n audcad is beautiful rtn
We are back within the HTF range on US 100 as we will soon have Fed Jerome Powell talking around 12:10 (NY time) Looking for some nice manipulation and harder moving market as most of the time Powell speaks. Regardless FOLLOW THE MARKET, TRUST YOUR SYSTEM AND RISK MANAGEMENT Looking to see how we react around the imbalance (red box) and the current LTF range...
Here's the update of NASDAQ as predicted using SUPPLY AND DEMAND IMBALANCES
As i predicted a day ago, that nasdaq is going to reject sellers on the 50% level as you can see on the chart. Now we looking forward to sellers applying more pressure on nasdaq.
US NAS100 NEW forecast As we mentioned in the prior study, the price exceeded our goal. The price is now trading in a negative area; it looks like it will drop to the 18040 level. If he manages to break this level, we will have a bearish trend until 17790. Regarding the uptrend, if the price reverses and stabilizes above 18220, a bullish trend will...
US NAS100 NEW forecast For now, the price is trading in a bearish zone, We have a drop to the 18040 level, If he manages to break this level, we will have a long descent until 17940. To overcome the 18250, the price should make the new upward waves to enable rising. pivot line: 18240 Resistance Price: 18250 & 18400 & 18500 Support price: 17950 & 17790 &...
Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...