Nasdaq has broken its all time high of 18500 on march 24. It is currently trading above it but does momentum supports new high? As far as volume is concern. There is bearish divergence on volumes. Volumes are on lower sides on this breakout raises eyes on bull trap. We have another harmonic pattern is forming which supports 18800 to be the reversal points....
Take a look at our analysis for US100. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 18619.9. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 18122.3...
My Dear Robbers / Traders, This is our master plan to Heist Bearish side of US100/NASDAQ cash index Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the...
NAS100 Buy Stop Loss: 18477 Targets: 18590 18600 18620 18640 18660 18700 18777
Nasdaq is almost overbought on the 1D timeframe (RSI = 69.095, MACD = 114.290, ADX = 45.033) and even though it has entered a new long term bullish wave, a short term technical correction is needed. In addition, it has completed the first 4H Golden Cross since November 8th 2023. The index then crossed over the LH trendline. We are already above the new LH. Enter...
nas100 1:4,5 Risk reward setup if you like my idea please hit the like button follow and subscribe wish you good luck and good trading Show some Love Peace brothers and sisters
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...
After examining the NASDAQ chart on a 4-hour timeframe, we observe that the price, after an initial correction from the 18250 area, has re-entered this zone and shown a negative reaction! As I mentioned in the previous analysis, the range from 18250 to 18340 is a very important supply area, and I expect the price to react to it! Now, if the price stabilizes below...
Dow Jones keep breaking key levels. This week we saw a breakout of a one more significant resistance. Bulls clearly show their power. I will expect a further bullish continuation. Next resistance - 39850 ❤️Please, support my work with like, thank you!❤️
After examining the NASDAQ chart on a 4-hour timeframe, we noticed that the price, following our previous analysis, experienced a drop of 170 pips and managed to correct to 17,970. Subsequently, it regained demand and moved towards the second supply zone. Today, as the NASDAQ index reached 18,250, we witnessed a significant drop from this level, with a decline of...
As I predicted earlier, US100 keeps growing. Analyzing the index today, I spotted a strong intraday bullish confirmation. After a strong bullish impulse, the market started to correct within a symmetrical triangle formation. A breakout of the resistance of the triangle signifies that the correction is over, and that the market returns to a bullish trend. I...
Nasdaq (NDX) easily hit our 18000 Target, which we set 2 weeks ago (April 23, see chart below): That was the top of the Channel Down and 0.786 Fibonacci retracement level. As mentioned this is an important Resistance level as during the previous correction of the 1.5 year Channel Up (which bottomed on October 26 2023), the 0.786 Fib was the level that...
After a breakout of a key horizontal resistance, NASDAQ retested that and formed an ascending triangle on an hourly time frame. A bullish violation of its neckline is an important intraday bullish confirmation and a clear sign of strength of the buyers. We can anticipate a growth now at least to 18100 ❤️Please, support my work with like, thank you!❤️
NASDAQ has confirmed an important level breakout recently. Here we witness a breakout and pullback on the major demand zone identified under the hourly timeframe. Here we also identified an important bearish flag formation, which is likely to create another dip towards the bottom level of support created.
Dow Jones formed a huge double bottom pattern on a daily, after a quite extended correctional movement from all-time high. The price turned very bullish on Friday and broke a solid horizontal resistance. The market may start recovering now. Target - 39000 ❤️Please, support my work with like, thank you!❤️
NAS100 showing head and shoulder pattern. Target is 17033. we sell for now
We had some good trades. WEEKLY We've pulled back and had some interesting price developments. Moving towards more of the structure we see and prefer price to get to. DAILY We had an evening star at the top of this correction structure which is what gave us more evidence to move towards the downside. The pullback is giving us a different story and we need to...