Taking a long expecting the retracement to be over. Targeting previous day’s high
Yes this is contrarian, markets are booming but it's quite overextended and going long at a top is the most monkey trader thing to do. I'll do a reverse analysis where I start with the intraday and follow up with the daily. So here's my take on things: What's on the intraday chart? (Follow the steps) 1) A 4 hour bearish FVG. This will serve as my entry zone. 2)...
We are at a pivoting point in the markets, everything seems to be bullish and yet I have this bearish itch. Markets seem to be overpriced, notably the NQ. However the S&P500, has had a healthier correction and the continuation of its rally makes more sense. Since both markets are highly correlated, it would be absurd to short the NQ while the S&P500 looks so...
The year 2023 proved to be exceptional for PEPPERSTONE:NAS100 , witnessing a 70% increase in the index. However, the onset of 2024 brought about a correction in the index. Notably, the rise observed in December is confined within a rising wedge, suggesting a potential reversal. The index has indeed breached the rising trend line of the wedge, and the recent...
Very bullish but I would only look for longs after a pull back and rejection with a 4h close at the bottom of structure
Expecting H4 to change to bearish after taking the previous day’s low so anticipating the H4 making a LH here and dropping. Possibly seeing a move down during Asian session, although this is rare. Risking .5% of my account and targeting 3R.
Nasdaq 100 technical analysis, as am going long on the indices, looking for the market to go back again on the all time highs.
Went long on this setup as h1 is clearly bullish, expecting an expansion and for this low to stay in tact.
This video provides a detailed analysis of the NASDAQ. Presently, it has reached a robust resistance level on the weekly timeframe. The market appears quite stretched, presenting a potential counter-trend trading opportunity around the London Open. If missed, there might be another chance around the New York Open later today. Throughout the video, we delve into...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
VANTAGE:NAS100 has experienced a remarkable year, witnessing a 60% surge in the technology index. More notably, as the year draws to a close, it is hovering around the previous all-time high (ATH) zone. Technically, following a false breakdown at the end of October, Nas100 displayed robust upward momentum. Over the past three weeks, the index has been...
Lately, the NAS100 has displayed a strong bullish trend. This video extensively explores the trend, meticulously analyzing price movements and identifying possible trading prospects by thoroughly assessing both the weekly and daily timeframes. Anticipate a detailed assessment of price behaviors, market patterns, trend assessments, and key technical analysis...
PEPPERSTONE:NAS100 BLACKBULL:NAS100 VANTAGE:NAS100 OANDA:NAS100USD Hello everyone, upon watching closely multiple timeframes where I combine a few types of chart analysis (support & resistance, candlestick patterns, breakout strategy, etc.) I'm thinking NAS100 will go bearish, at least temporarily, because ultimately the price movement in the charts tell...
As it is clear from the daily chart NAS100 has created a new higher high, while S&P and DowJones did not. In such situation the possibility of a bearish trend is increasing and we can look for sell positions in incoming days
Based on the observation that US equity markets tend to perform well heading into Thanksgiving, we decided to take a proper look at the figures. And it turns out, the Wednesday ahead of Thanksgiving tends to average the strongest positive returns of 0.54% with an 80.6% win rate. The Nasdaq followed its seasonal tendency to rise on Monday, and closed at a...
To be honest, I don't really understand the fundamental reason for Nasdaq making a new ATH, but I've learned not to argue with the market. In yesterday's post, I said that it is very probable for Nas100 to reach the previous high and even test the old ATH. Looking at the chart, we can see very clearly that the recent drop from 16k is a bullish flag correction for...
NASDAQ : Market price : 15470 Buy1 : 15235 buy2 : 15000 Tp1 : 15800 Tp2 : 16400 Tp 3: 17600 Tp 4 :18400 Sl: 14550 But do not forget about capital management...
As the news about WeWork bankruptcy came out and the Dollar index is reaching higher i expect a bearish retracement to 4H FVG.