Pivot
18040.00
Our preference
Short positions below 18040.00 with targets at 17800.00 & 17710.00 in extension.
Alternative scenario
Above 18040.00 look for further upside with 18120.00 & 18240.00 as targets.
Comment
As long as 18040.00 is resistance, look for choppy price action with a bearish bias.
Supports and...
I am currently monitoring a further downward movement towards the sell side, aiming to reach the H1 Sell Stops.
Today, in observing price action, I've noted robust High Resistance Liquidity Highs unlikely to be breached. Instead, I anticipate a continuation of the sell-side movement towards reaching the H1 Sell Stops.
I will await confirmation during the New...
how did yo do the analysis on nas100 ?
1 - determine consolidation
2 - support and resistance 4hrs and 1hrs
3 - rejection and retest zone
4- fundamental analysis negative meta and google
confirmations entry :
1-rejection and retset zone
2- matching 1hr and 15 min
Apple has lost momentum here and so has the Nasdaq.
Closing most of my longs and taking partial profits on most of my trades here.
Nasdaq has broken H&S on the hourly and Apple is testing the neckline.
Target is 168 and stops at 185.
Shorting Apple is more from a risk point as Nasdaq might get pulled higher by Nvidia earnings.
Nasdaq short target would be...
Market is in a bullish wedge on 4H timeframe, clear and promising continuation of major trend. I can't understand how so many people sees changing of trend direction. Stick to the logic. Trade safe.
Ahhh here we are again… NasDaq is looking like a diamond in the rough for bears right now. I love to see it
There has been multiple rejections of 18,000 and a pattern of lower highs on the lower time frames. This leads me to believe nasty Nas is eyeing 17,500
However there is a pool of liquidity sitting above 18,000 so there could be an another strong push...
Hello everyone!
I'm bullish on NAS100, despite the negative figures in January which slowed down the rise of stocks/indices, we still have good results from most companies.
We have Nvidia's earnings report approaching, and it looks very promising!
Technically, I've entered a buy position due to:
- 2 major liquidity uptakes.
- Buy zone created through...
Nasdaq (NDX) tested and was rejected last Friday on the 18100 Resistance, which was formed by the February 12 High. This is a technical Double Top formation and as long as it holds, there is high probability for the index to start the new Bearish Leg of the 1-year Channel Up pattern.
In fact the recent February 12 High is technically as close of a Higher High for...
Chart : 4Hour
Overall Trend : Bullish
Current Market Structure :Consolidation
Scenario 1 :
We are currently in a ranging market for the past 2 Days .
Will wait on a break out and close below 17900 for us to go short .
or
Will wait for a break and close above 18000 for us to go long .
We do have some imbalance that price needs to fill on the 4Hour...
I am currently monitoring a further downward movement towards the sell side , aiming to reach the H1 Sell Stops.
Yesterday's analysis unfolded as anticipated , with a potential sell opportunity materializing as expected. This was driven by the presence of relatively equal lows, leading to the successful navigation of the m15 Order Block and subsequent...
4hr undergoing re-accumulation (still bullish)
30m undergoing re-accumulation (still bullish)
waiting for money to come in before looking for longs NY lower time frames 1m - 15s
Resistance
18021.01
18011.66
Fib .50 level
17952.70
Support
17889.42
17883.67
Profit Target
17798.82
NAS100 rejected from the 18021.01 zone and proceeded to range in the 17952.70 Fibonacci area. Anticipating a push to the downside, breaking the 17883.67 level of the daily low, followed by a retracement to the 17889.42 zone to gain momentum for a further push...
This week we begin with the NAS100 coming from another all time high (ATH) and the larger timeframes continuing to make HL's HH's consistent with the trend.
As you have heard me say consistently...the market cannot continue buying from a High, there has to be a level of support attained in order for it to continue.
The market likes to take Mondays, Tuesday's and...
The current trend on the shorter timeframe is downward, but we have noticed a bullish divergence on the RSI, which could be a possible sign of a reversal. Therefore, we expect a pullback from here and have decided to open a long position. Our stop-loss will be at the recent low, and our take-profit will be at the recent high.
I am currently observing a potential sell opportunity aimed at reaching the Engineered Liquidity, driven by the presence of relatively equal lows at this juncture. With price having successfully navigated the m15 Order Block, the Liquidity Void has been filled.
I will await the New York Session to seek confirmation for sell positions, aligning with our...
Im not 100% sure here , maybe 60%.Im looking at a good drop on nasdaq , it may be a compression, making a continuation flag for bulls, or it can give us 3 waves pullback as labeled on this chart.
