Here are some upside targets for you to study, please take note of the broker to match your chart.
Are you currently marrying an outlook that has not had the chance to form yet ..?
Here is an alternate perspective to consider maybe.
Note: Monday 27 March - low probability.
Good luck, may the Nasdaq forces be in your favour.
Pair : US100 Nasdaq
Description :
Rising Wedge as an Correction in Short Time Frame and Rejection from the Upper Trend Line
Impulse Correction
Rejection From Daily Resistance Level
Divergence
Break of Structure
Completed " 12345 " Impulsive Wave and " abc " Corrective Wave
Double Top
On Thursday, the Japanese stock market experienced a decline as the Nikkei 225 Index fell by 0.17% to close at 27,420 points, and the broader Topix Index dropped by 0.29% to 1,957 points. This reversal was due to Wall Street's negative trend, following the Federal Reserve's decision to raise interest rates by 25 basis points. The Fed Chair Jerome Powell indicated...
History doesn't repeat, but it rhymes... I copied the bar pattern twice and pasted it for a general bearish plot. May see a relief bounce Friday, but I suspect more down follows next week.
Any large deviation would invalidate it. These fractals, & plots in general, tend to get less accurate the further out they run.
I didn't short based off of this alone, but...
This is an update of the previous analysis. The price reached the offer zone, never confirmed entry in 5m, and with the volume of 09:30 NY and the news of the Prelim UoM Consumer Sentiment. The price eliminated the zone, taking liquidity from it and then distributed below the low, breaking structural points. After breaking the zone I expected a confirmation in 5 m...
In nasdaq, the price eliminated a supply zone and reached another zone, therefore for my operation this is a prime setup. The price made a change in structure and I would be looking for shorts in this area, which is valid according to my plan.
I would expect confirmation in smaller Tf such as: 5m.
If you liked it, I invite you to leave a comment and an impulse....
What I see in nasdaq is that after taking liquidity from the highs and distributing to the lows as I indicated in another projection, what I expected was a sale in that area of highs.
Now the price is in the shopping area, it is at the base of 4H, which was the cause of creating the highest High. It filled in the imbalance and started an accumulation which is...
The price after accumulating cleared supply zones. And he finds himself distributing to the highs again. Where the price confirm shorts we take them.
The price is in an expensive range.
The price touched the lower trend line of the falling channel and I am convinced the price is building a bearish momentum.
My entry price is 11800, just lower than the current lower low, and I have used pullback strategy to place my entry position.
My stop loss is at 12000, just above the current resistance zone. I am targeting a 1:3 R:R , so I will place my...
The price never confirmed sales in my entry period, which is 5m. Now it is also taking liquidity from the supply zone. Where the price confirms through a CHoCH, shorts can be taken.
Pair : US100 - NASDAQ
Description :
Bearish Channel as a Corrective Pattern in Long Time and A Breakout of the Upper Trend Line
Divergence
Break of Structure
Rejecting from the Demand Zone and Retracement Completed
Completed " 12345 " Impulsive Wave and Making its " A - wxyxz " Corrective Wave
Hello all!
NASDAQ MITIGATED 4H Demand (marked from last idea)!
The pair looks INTERESTING! But will this Demand hold? We'll see!
On my side, i will monitor LTF and look for a POI to take a LONG position, Confirmation entry is key here!
Trade safe!
Take care :)
This expectation is a framework to look for a potential trading setup; I recommend you to not just execute based on these levels. I always wait for confirmations on lower timeframes
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This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market...
I know it's so simple you can't believe it! Is it magic? Is the Devil running the Stock Market!?!
Nope, what you're seeing is the all-pervasive 50% Principle in action!
www.investopedia.com
"It states that if an asset drops after a price increase, it will lose between 50% and 67% of recent price gains before rebounding. "
So over any given range, the retrace...
I know it's so simple you can't believe it! Is it magic? Is the Devil running the Stock Market!?!
Nope, what you're seeing is the all-pervasive 50% Principle in action!
www.investopedia.com
"It states that if an asset drops after a price increase, it will lose between 50% and 67% of recent price gains before rebounding. "
So over any given range, the retrace...
