A breakout retest refers to a common price action pattern that occurs after a breakout from a significant level of support or resistance. It involves the price breaking out of a trading range or a chart pattern, such as a trendline, and then retracing back to retest the breakout level before continuing its movement in the direction of the breakout. Here's how a...
the nas100 set for a good impulse after a great pullback
Analyzing NAS100: Identifying Long-Term Trends and Potential Selling Positions Introduction: In this video, we'll dive into a long-term analysis of NAS100, uncovering key patterns and trends that could inform our trading decisions. By examining the inverted cup and handle pattern and the emerging downtrend on the 4-hour timeframe, we aim to provide clarity on...
We can attempt to buy NAS100USD from specified level as it break last LH , also there is bullish divergence indicate that it move upward. SL , TP mention in chart.
NAS100 showing head and shoulder pattern. Target is 17033. we sell for now
The tech-heavy index exhibited two-way action on Wednesday as markets reacted to the Fed outcome. The central bank acknowledged the lack of progress towards the 2% inflation target and Chair Powell added that recent hot reports have not given officials greater confidence towards this goal. Along with resilient labor market and strong economy, the bar for a pivot...
POI areas for today. I'm waiting for price to take liquidity and react to these areas. I shall personally take entries dependent on how price reacts in these zones. If price takes liquidity on the 1m timeframe in any area and shoots towards a POI, then that POI is more then likely invalidated. If price slows down before reaching a POI, then it's more then likely...
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...
Take a look at our analysis for NAS100USD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 17723.5. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 18714.4 level. P.S The term oversold...
Hi Traders we have potential BUY trade on NASDAQ. we have been having previous high low and retest. We looking to hit level of 18148.54 As our 1st Target before our last Resistance @18186.32 then we look for our sells. Please provide your Results. Thankyou Enjoy Your Trades
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We had what seems like a week where the markets did not know what it was doing. But I had projected the last weeks movement according to my understanding of ICT. Almost a perfect projection of price action using the extremely volatile and explosive news week that we have.
Possible Setup. Higher TF is bearish based on price action. Market reacting to fib area. Let's see if the sellers are in for the downside
Chart : 4Hour Overall Trend : Bullish Current Market Structure : Consolidation Scenario 1 : Price is currently consolidating at a supply area .Price could begin to drop from this 4hour supply area and continue its way to the down side . OR Scenario 2 : Price can even break above the first OB . And moving its way to the extreme OB and then push towards...
Us100 has breached structure on daily time frame …
If Sustain above 17340.61 then 17433.16 to 17456.06 then 17614 to 17636.90 above this bullish then 17794.83 to 17817.73 above this more bullish if Sustain Below 17252.32 then 17094.38 to 17071.48 below this bearish then 16913.54 to 16890.64 below this more bearish then 16732.70 to 16709.80 Consider some buffer points in above levels. Please do your due...
Looking at the chart, the NAS100 may see a bearish move before the market regains its bullish momentum