Vertical dotted line is ULTRA HIGH VOLUME UP BAR , Higher volume- Professionals are selling into the public buying
ULTRA HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR.
Low volume shows no interest to the upside from Professionals so Expecting prices will not go higher.
After Bat completion D every bar with ...
No need to overreach but this possibility should be obvious to everyone.
If your in a TRADE , TRADE YOUR PLAN ... not mine
Maybe Friday is not the best day to go ALL_IN on your favorite tech stock.
Perhaps tighten your stops, but Its entirely up to you. (I think they call it ... risk management)
Basically the market is going to reach a level l forgot the #buh am going to comment it and it's going to go up a little bit after that its going to sell , huge sell to a certain lvl or around it and then retrace after retracing it will continue to sell, am going to give you the levels the first and second
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
HERE I SEE IT GOING FOR THE 3RD TOUCH THEN GO FOR A LONG POSITION NEAR THE DOUBLE TOP THEN BREAK A BIT TO COMPLETE THE INNER STRUCTURE AND GET THE PEOPLE TO BE CAUGHT ON THE WRONG SIDE OF THE MARKET THEN WE WILL BE LOOKING FOR SELLING OPPORTUNITIES
How To Play The Chart Entries/Exits:
Buy at green support entry, if it breaks by -30 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 30 pips then enter the buy and...
We had a double top on nasdaq yesterday, so the price is expected to come down to 13700-13630. We can also see nasdaq has formed a wedge on the 4Hr T/F. The price will come to touch the lower trend line of this wedge. Dont get stuck in sells. The market is still buyers market. So any sells taken should be short term.
If you are looking for signals or course get...
After the double bottom in 13000 zone, Nas100 has recovered and gained 5% in just 2 days of trading.
However, at this point 13700-13800 is resistance and we can see a new leg down from this point.
Only Nas100 back above 14000 would negate this scenario
!!! I want to mention that NAS100 together with GOLD have the highest accuracy in my analyzes in the last 6 months
As I said last weeks...as I appreciated last week NAS has started a retracement move ... and even if it goes down a bit around 13140 I will keep looking for BUY!
I will give BUY directly and in case of a closure over 13975 for at least 1 day