Investors should exercise caution in response to recent war news and technical indicators showing that the Nasdaq is currently at a significant resistance level. This situation suggests a potential downward movement. There is a possibility that the market may open with a significant gap. It's advised to avoid entering any long positions at this time. Any rise in...
US100 is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge. Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be...
Nasdaq (NDX) finally hit yesterday our long-term bearish Target (17130), which we called a while ago (March 12, see chart below) but was postponed due to the Double Top formation: The index is now on a mixed sentiment as even though it is on a correction sequence below the 1D MA100 (green trend-line), the 1D RSI hit the 30.00 oversold limit as this Bearish...
NDX ended this week right at a golden fib (Euromotif’s system). We could see a pullback next week Monday-Wednesday. Look for pivots around this area.
Risk-On Sentiment has taken over the markets today despite bad manufacturing and services data.. and it began yesterday on Nasdaq with the Daily candle closing back above the Daily Level 17,164. Other confluences for the increase on Nasdaq include 1) Jerome Powell's hawkish comments on April 16th. 2) Dollar Index 5 minutes chart : Here we can observe the Risk on...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
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...
U.S. indices could correct today after the reversal to the upside yesterday. Currently in intraday consolidation. Opportunity on NASDAQ in this chart using the Fibo tool. 17,620 USD must break first, signalling a drop. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar:...
OANDA:NAS100USD After forming that bearish flag looks we'll be heading down.
This week is very interested for a number of reasons; one of them being the fact that the monthly candle will expire before the weekly candle and as such careful analysis will need to be done in order to capitalize on the correct moves. I have updated my bias once again to a sell as the retracement move still has not been finished as the H12 - H23 timeframes,...
Taken a nice short scalp on US 100. Entry 17279 TP 17225 SL 17327 IF we don't hold these current 1H lows I would expect further pa to the downside targeting the HTF sellside liquidity IF we hold these current lows expect us to retraced towards 17350 and the buyside liquidity resting above. Bear in mind the overall HTF from the daily and weekly perspective....
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...
Nice to meet you. SEOVERIGN - This is SeoVerign. A slight uptick came after uploading the Nasdaq downtrend view. However, in my analysis, it is expected to be a temporary adjustment to the decline. It looks like it's going to fall again soon.
This is one of my setup I dropped yesterday here, so I'm still running on profit waiting for the tp. For more setups like this follow the page. If you are following us conglatulation your are learning every day.
I posted this analysis yesterday and the market is going well. Hopefully to get the to tp
Here is a quick look into the trade I got into. Got a very bad fill on this trade. By the time the price was moving and following my rules and the time I wanted to place my two trade positions we already had already displaced a large portion to the downside...but that happens once in a while and that's fine. Initially looked to enter around 17500 but did not...
Please pay special attention to the very accurate trend, colored levels and channels. Be careful BEST MT