Price was previously in a range market at the all time highs. Price then broke the range to the downside, to indicate a higher timeframe correction breaking the 4 hour market structure.
Price has then set a new potential lower low, and a correction has taken place to pullback price now to the previous range / structure zone retesting as new potential resistance...
NAS100 shows signs of rejection on the retest of the trendline. This development serves as confirmation to initiate a trade. TP and SL levels have been identified. Always follow risk management, ensuring exposure does not exceed one percent of the total portfolio.
I dont know if anyone has spotted this NDQ divergence. price going up but RSI going down. Havent seen this in previous price movements . I would love to read some comments on this
I'm NOT saying #Bitcoin is about to CRASH...
But I'm very aware it has a high likely hood to crash if #Nasdaq enters a bear market like it did in 2000 or 2008.
Dropped over 80% !!!
It's beyond me how can people see #bitcoin as a hedge to speculative asset bubbles bursting...
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.
The NAS100 (NASDAQ, US100) has traded into a 1D and 4H nested bullish order block. Currently we are seeing an aggressive pullback down into our optimal entry zone. In the video we cover the trend, price action, market structure and I share a couple of trade ideas for consideration
It's important to note that the information shared is intended purely for...
NASDAQ is about to entered in strong resistance zone.
Price is been on strong bullish run from last few days but now has entered into bears territory, will the bears get active active and send price back to 17500 region ?
USNAS100
The price about the bearish pressure to get 17600 and 17500 because there is a strong resistance line
but we have NFP and Job Data will affect the market strongly for both sides,
otherwise, stability above 17685 means will touch 17795 and above it toward 17950
pivot line: 17685
Resistance Price: 17795, 17950, 18030
Support price: 17600, 17500,...
Earning reports are out for META and to be honest they are way better than most predicted why is the Nasdaq reacting negatively well i think it's good to remember the market moves in successions and waiting for a dip would be best, you know buy discount sell premium. I think We should see Nasdaq and Meta both become bullish soon.
Not for getting the surprising...
Hi All,
I haven't posted any views on the markets in a long time. Currently, all indices are in the long bull run and we need some healthy pullback. This idea shows my view that you can consider and it is the H&S pattern with targets below 15,000 .
The trade is running for me from 18,000 . You can re-enter at the retracement GZ (17700-800).
The most...
US100 is Testing 17700 - Will it lead to a bearish pullback?
The price is testing a strong resistance zone near 17700. The GDP data and FOMC during the coming weeks can create enough momentum to push the price down more.
📺You may watch the video for further details📺
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis...
As yesterday we have seen over the FOMC market pushed higher then came lower immediately but price was failed to reach at weekly opening gap point then on Thursday market tended to go higher to fill orders in that gap. Most likely price will reach to gap point then drop aggressively towards sell side liquidity
This could be a pre-mature entry but the setup for the buy is there. Pending orders placed, lets see how this plays out we might get a better entry towards the low later in the week.
