NAS appears to have completed that indication and created new low (16980). The correction is now playing out and it came all the way back to that area of consolidation (17650 - 17850). A drop and close below 17470 area, will give possible indication for sells, back down to 17030 area.
We were triggered and stopped out but we did fair. DAILY Kept falling and dragging down and tested around the support level, 17070 around here. We have a test candle which shows that our test level was correct. 4H Price is testing again (in correction) so we stay waiting and watching for either the break (impulsively) or the reversal impulsively. This is where we...
NAS - price broke through that last low that was created with momentum pushing past the lowest point (17790) before the highest point (18498) was reached. That would signify a CHoCH and we are continuing a bearish outlook. With ICC, after a new low is made in the market (Indication) we can expect a pullback/retracement (Correction), before the continuation. We...
Based off Sci's ICC trading concept. Indication - Correction - Continuation NAS created a new low below 17900 (Indication), then corrected to 18360, which created lower low. With price failing to make a new high/ break the previous highs, sells were possible below 18175 (Continuation) to the low that was created. Will monitor price in the new week and consider...
Good thing we were patient and stayed out. Following the previous post, I had not set out an idea. This was just placed and not taken. Now we have a better idea as to where and what to do: We waiting for the retest on the rectangle and confirmation of bull movement before we set out our buy stops and market entries to go with the bull run.
NASDAQ Movie with bear market. Good movement for entering a trade with proper confirmation. Because this is 4H time frame. Scenario 01 If nas rebound with psyological level The best way to use this opportunity is to place a Buy order at 17848 Scenario 02 If fell Bellow mentioned support nas will reach 17716. That level can get buy order. 4H Resistance level...
Daily Markets: Investors Watching Fed Speakers Closely After Inflation Data Following the Consumer Price Index (CPI) report that showed little progress on core inflation, the market will be dissecting comments from a pair of Fed speakers now that market expectations for rate cuts softened considerably after yesterday’s inflation data. WARNING! I AM NOT FOLLOW...
With NVIDIA earnings due, NAS seems to be sitting on the fence in terms of direction, so I am considering all options Feel free to comment what your thinking or what i've missed
Here is my view on the Nasdaq100. Many possible scenarios for American technology stocks, but here are my most likely scenarios for success! I have put my long stitch and my short bias on the market. Happy trading everyone!
NAS100 Currency running with nearest the 4H pressure level 16922 - 16974 This is the best opportunity for selling the market. According to the analyze open sell order entry price 16928 and target 16748 and 16575 SL ( Set a uniform set of 15$ ) only for your reference and you can set it according to your free margin.
Nas100 sitting within a bearish range following from last week or of a indices have shifted bullish I believe that NAS100 may follow. as it stands we are still within a bearish range so we are looking to trade within this range with caution but still following our swing bias as always.
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management !! This chart analysis is for reference purposes only !! If you want to...
That's 100 looking almost exactly the same as euro and British pound the only difference is we had a much larger expansion on this pair after the red folded news on Friday. Following this price action we're looking for exactly the same thing as Gu and eu which is for us to run the internal liquid load that we have placed during the New York session of the last...
For how most people I know trade, we have a few simple steps to follow in order to identify a good trade setup. We need to: 1. Determine current price location on our chosen higher timeframe - are we in Premium or Discount. 2. Check whether we've taken any liquidity on our selected higher timeframe. 3. If liquidity has been taken immediately, switch to your...
Hello, in this analysis, I saw the potential for this sell-off around August 8th. I just never posted it, but I was chatting with AI to see how many months, days, weeks, or years equaled how many candles. So, I picked the 91-day timeframe because I will normally be on the right side of the trend most of the time, as that is higher than the monthly, weekly, daily,...
Hello, in this analysis, I saw the potential for this sell-off around August 8th. I just never posted it, but I was chatting with AI to see how many months, days, weeks, or years equaled how many candles. So, I picked the 91-day timeframe because I will normally be on the right side of the trend most of the time, as that is higher than the monthly, weekly, daily,...
After price broke structure to the upside, it retraced and formed liquidity above a demand zone that was left behind during the expansion. Price could now use this demand and liquidity to fuel its move upwards to fill a massive imbalance that was left behind during the previous bearish expansion.
Nasdaq / US100 has turned bearish on the medium term after crossing under the 1day MA100. The 4hour RSI is oversold so on the short term we can see a rebound, that will be ideal for a new short position. So far it follows the structure of the prior selling sequence (July 19th-August 18th) and proportionally we are on the spot where the bounce happened on...