The price is struggling to break out from the last supply zone and its probably going to reverse and fill the imbalance gap all the way down to $17200.
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.
We went for a short on OANDA:NAS100USD SOLD THE NEWS AT 17351.79 STOP LEVEL: 17376.77 ANTICIPATING TAKE PROFIT AT 16994.38 CHART AS OF POSTING: Enjoy the pips.
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...
Looking for a pull back in most of May before we make a new high on the summer time towards end of the year.
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...
Nasdaq, one of my 3 CashMIGOS has a huge decision to make if it wants to stay on my radar. This will sound weird, but ...of the three high time frames weekly is bearish daily is bearish only 4H is bullish May the best time frame win.
Hello guys So what do you think about this movement path of the NASDAQ - Limit SELL
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....
Nasdaq to take a short drop on Monday before it rallies high.
Last month, everyone was hyped about Nasdaq NASDAQ:NDX and some media stocks like NVidia. we were telling our customers and followers to manage their risk and warned them about market correction. In this analysis, we are using the Wykoff method to define accumulation, mark-up/down, and distribution phases. Our technical view has been shown in the chart. If you...
Care is required unless Breakout is not occured. Sell Stop entry after Breakout. This sis not Financial Advice DYOR
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.
The rising wedges, broadening top breakouts apparently have marked a B wave rally peak which started 2 years ago. A swift ride down to test the wave A low is likely once the larger rising wedge breaks down. A crash is likely going forward, in the age of algorithms this isn’t going to be pretty.
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:...
This trade hit Stops this high wasn’t a strong enough supply I will be looking at the yellow bar at next level of supply
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,...