Hello,Friends! The BB upper band is nearby so NQ1! is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 17922.50. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NQ1! is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of...
Hello,Friends! NQ1! is making a bullish rebound on the 9H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 17048.25 level. ✅LIKE AND COMMENT MY IDEAS✅
hello TradingView members, after all kinds of analysis done, when possible future events taken into account, now it is time to translate into risk management analysis and bias. this is related only to the current leg, we may go lower than the target as long the stop-loss is not triggered. the idea is about sharing this setup is to allow also others to consider...
Hello,Friends! Bearish trend on NQ1!, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 17699.50. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the NQ1! pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 18052.50 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NQ1! is making a bullish rebound on the 2H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 17861.25 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going short on the NQ1! with the target of 17229.00 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NQ1! pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 16158.75 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! Previous week’s green candle means that for us the NQ1! pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 15523.75. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NQ1! pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 14567.75 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! NQ1! pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 14606.75...
Hello,Friends! Previous week’s green candle means that for us the NQ1! pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 15328.75. ✅LIKE AND COMMENT MY IDEAS✅
If you remember from back in October 22' - The economic news media was on full panic mode. If you only listened to them, you would have been closing positions and preparing for more downside. Smart money did the opposite at that time. 1-5 Elliot Wave is something I had posted during the Oct 22' lows, expecting large demand at those levels. Now we are almost a...
Hello,Friends! NQ1! pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 15328.25 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Take a look at our analysis for NQ1!. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 14985.75. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
Here is our detailed technical review for NQ1!. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 15097.25. Taking into consideration the structure & trend analysis, I believe that the market will reach 14799.50 level soon. P.S The term oversold refers to a condition...
Hello,Friends! Previous week’s green candle means that for us the NQ1! pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 14976.75. ✅LIKE AND COMMENT MY IDEAS✅