FROM ANALYSIS , NAS WILL TAKE SOME MOMENTUM UP AND THEN FALL DOWN TOO SHARP AFTER RESPECTING THE ZONES , SMALL ACCOUNT IS NOT ADVISABLE TO TAKE THIS PAIR , I WILL ENTER A BUY NOW AND PUT A SELL LIMIT .. SEARCH FOR FOREXHOTBOYINC ON TELEGRAM , FOLLOW ON TWITTER AND INSTAGRAM ALSO
After an 8% drop, is it time to buy again? If the fundamental analysis is ignored and we focus on technical analysis, we will draw some conclusions: According to the Ichimoku indicator, there is no change and the bullish model is still strong and stable. The last drop in May was about the same amount of decline and you know the sequel ... The 7600 has strong...
RANGE Today we do see Nasdaq in range bound from 7560 to 7620 I have marked the range with 2 red lines for easy view. To check an outbreak of these range we do need a fall below the support 7560 or a start to new highs with an outbreak above 7620 Till one of these scenes will happen i suppose to do nothing. After the decision its more easy to go in a long...
NASDAQ is still long of course at it is more than 1 % PLUS today But please check these 30 MIN Chart. We have to pay attention on the 7347 Level aerea If it breaks ot end of a 30 MIN bar below that in my view these long run has gone and we are (maybe only short time) directly in a SHORT setup cause we have a double top which is broken. At the moment it...
Nasdaq has a strong gain yesterday and broke out of the short trend channel i had marked. Than there starts a real rally after 12:00 yesterday and today we are in a consolidation mood. Of course still Long. It will be interested to see whether the Nasdaq will hold these strong long trendline ( i have marked now in thick blue ) or not. Than we have to check if...
Here we have a look at Nasdaq end of 8.3.2019 trading in a renkotrading system intraday 15MIN frame now. As you can see easily Nasdaq has taken out yesterday some short resistance levels at 7035 - 7055 On this short time frome of 15MIN we have an established long trade now. On the bigger look its still short. But if NASDAQ till climbs on mondays trading till...
At end of today we have these situation: One the one hand Nasdaq is trading in a new long channel (here support in blue line and resistance in red line) BUT as you can see i have taken in the new resistance at 7170 which comes form the high of 25.2.2019 and at the end of today trading the last hour has exact set up to that level and comes back from that...