Nas100 trade TP3 hit!
With our stocks strategy we work to a TP3 target.
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our...
Daily fib (50% lines up with 4hr resistance)
4hr Head and shoulders
Close above 4hr resistance invalidating H&S
Wait for rejection around 11,400 in line with left shoulder. Failing that, break of the neckline.
This is my first go of publishing anything please be kind and constructive
Bearish divergence .
the chart pattern is mirroring that of before the big drop at previous ATH .
the 0.236 Fib line is exactly at the previous ATH so i think that it would be a likely retracement and TP for this idea
. Nebulas/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
. There is a possibility of temporary retracement to suggested support zone (0.006100 to 0.005600). if so, traders can set orders based on Price...
Huge wedge looks to be respected and tested on its next move. If broken expect a large uptrend. If it rejects, it will look to find support at the lower level, following the rising swing-low trend line in line with the wedge.
Check the chart pattern. This is a simple one.
As you can se 0.0002440 satosi is working as a strong
support line. And this is also a dangerous point for NAS
Because if it breaks the 0.0002440 level we can again
see NAS to 0.0002200 satosi as well.
Now lets talk about upside
NAS is trying to break the upside resistance 0.00026 satosi as...