I have many open and long positions in Nasdaq: See Chart I have marked my current positions and also future Entries....
Use lower TF only for long setups. Stop to listen to chats and Social Media to other so called Experts:If THEY really tade, whyy are they 99% of time wrong?
And someone who is for hours in the chats and yt ans social media, will never focus...
Bullish indications:
Higher high and higher lows.
Major support respected.
Trend line resistance broken.
Bullish divergence.
Morning star /bullish engulfer candle from support in 4 hr time frame.
First resistance has broken and acting as support now.
Bearish indications:
Down trend in smaller time frame and did not make a new high.
Trade Plan bias long @...
If this local head and shoulders topping pattern plays out on NDX, we may expect lower prices still to come, most likely involving a closure of the CPI gap!
After taken liquidity of the buy side and reject C.E of FVG ''BISI'' we will see a drop of the price to taken liquidity of the sell side and fill FVG ''BISI''
- Tading is probability control your risk management.
Good luck !
Nasdaq is pulling back today after the 1D MACD formed a Bearish Cross and the 1D technical outlook turned neutral (RSI = 54.419, MACD = 183.360, ADX = 45.724). This has so far achieved at offsetting the previous overbought condition on the chart. Technically it can be a HH rejection on a newly emerging Channel Up. This can serve as a buy opportunity either on the...
Hey Traders, the Nas100 its on the bearish trend based on the 4HR Timeframe and confirmation of 50.0% Fibb Retracement within the golden sell zone, has trend has already showing signs of reversal, Enjoy your profit
Hey Traders,
I've done a few posts detailing short zones which we caught previously and exited for multiple gains.
Bias changed to the long side, to which you should be out.
My bias on the rebound now remains similarly, but there's a few things to note going forward.
Also going forward its a good idea to keep an eye on FED comments, especially today.
Watch...
Clean reversal pattern, corrective expansion basic 123
for technical analysis. Look for lower time frame patterns
before placing your sell order
RISK 1%, GOOD LUCK
