Nasdaq has broke their structure and now market is going to retest its broken structure, So that's why we called it buying zone in charts. Buying zone is 11700 to 11650 with targets of 12080 & 12448. Stop should be below 11500. *Trade at you own Risk!*
Hello traders! NAS has formed a clear falling wedge pattern at a critical level, on the h4 price is at a strong orderblock which is a plus for the pattern. If the pattern is broken i beleive the move will be massive.
1. Failed to create HH, 2. Broke recent support and trendline, 3. Completed the retest and might be heading down.
Peace be upon you, merchants. The Nasdaq market is in a negative state. with a fracture. Model double BOTTOM. As well as breaking the bullish trend. There is a possibility of re-testing. The price is 122800. and re-descend. to the level of 11800
Td52: The NQ bears came in yesterday for the NY so I didn’t really get to TRADE yesterday since my bias was different compared to what NY provided. Today, she’s remained BEARISH with LHs and LLs. If she breaks past the 11824 then we’ll have more bears but that can also change.
Took a buy after 15 min candle swept the liquidity. Buy : 11822 Stop loss : 11807
I'm more interested in a buy more than a sell but we have to respect the market enough for it to tell us what it wants
Nasdaq will try to come intro discounted area of Price. Fair value gap lower is a target which is helpful to have in your charts as well. It's likely price will gravitate towards it.
overall still bullish on this index , looking at the potential continuation to the up side , consider the " forth touch " confirmation or rejection at the support of the trend channel before looking for buys
Woah😮😮😮😮😮 Not sure if I posted this but this was a thought I had but trade I was not going to take. It was an amazing opportunity but because I was already in GJ & UJ it would have disturbed my plan so I stayed out. Just practise to further sharpening my skills.
Looking to collect overall 300 points . Stock doing good so we'll be focusing on going against the trend
Looking at the NAS100 on the daily timeframe , the market is currently trading within a consolidation phase , we will be looking for a potential break above this consolidation phase , resulting in a further rise in the value of NAS100 , we will take into consideration the price to time relationship and the momentum of the retracement to retest the recently formed...
When viewed on the monthly timeline, you can see the similarities to the tech bubble. We've had a massive bull run over the past 10+ years. The market is due for a major correction and this is it. If the bears win over the next two weeks, you can be sure that we are going much, much lower. NDX 9000 or lower by Q2-Q3 to close out the correct. Buckle up and good...
This descending path will lead us to the 22 March FED meeting
Nas wanting to continue lower to mitigate trapped sells, after that we can continue the bullish run
Market Conditions: - bullish trend, correction - bearish sentiment in the market Key Level and Lines: - $12 000 support Trading Ideas: - go short if the price stays below the support. - go long if the price moves above the support and the market is bullish.