We have had a bullish channel for some time, however, the succession of highs and lows has been compromised generating a resistance zone. Taking into account that today's unemployment data will be published, we could see interesting reactions in the price, for which I propose two possible scenarios, which can be seen in the chart.
USNAS100 NEW OUTLOOK \The price reached its support trend line which was 18030 and bounced again and stabilized at the bullish zone to touch 18400 as long as traded above 18250 breaking the 18400 level means will continue at the bullish zone to get 18500 and 18710 otherwise, closing 4h candle under 18250 means will try to drop again pivot line:...
DAILY 18346, is our beautiful price of interest. We peak above and just below it. There it is a point where we will determine our next move. 18000, being the bounce price and now we are heading to our price of interest. We are anticipating a high yield tomorrow but we are not certain it won't fake out few times before the certain direction. 4H Double bottom and...
USNS100 NEW update The Nasdaq index rose sharply yesterday and managed to maintain its stability above the 18230 level. For today, if the price can maintain its stability above this level, the 18320 level will be our target. However, any stabilization below this level will activate the bearish transaction and the 18040 level will be the target. Pivot level:...
In my latest analysis of NASDAQ, I've identified a compelling SHORT opportunity amidst the index's current conditions. Technical indicators signal a potential downturn, with NASDAQ facing resistance at key levels and showing signs of exhaustion after a prolonged uptrend. A bearish divergence on the RSI, coupled with a bearish crossover in the MACD, suggests a...
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...