By checking the #Nasdaq chart in the 4-hour time frame, we can see that the price has finally penetrated below 17120 with a heavy drop, and with the stop Stop hunt and re-collection of liquidity, it is associated with relative demand, and it is currently trading in the range of 17295! The range from 17315 to 17470 is a Bearish Breaker Block that can cause the...
Daily/4h time frames analysis for US100. Price action & key levels. Directional bias. Thoughts. Trading plan. ❤️Please, support this video with like and comment!❤️
US100 Near Strong Resistance Areas US100 broke down from and ugly variation of a bearish Head & Shoulders pattern. It is ugly because the price moved up and down for a long time without any clear direction. Despite the strong trend now we can see US100 below the neckline of the pattern showing for further price decline. Considering that the trend is still...
Pair : NASDAQ Description : Rising Wedge as an Corrective Pattern in Long Time Frame RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Resistance Level
By checking the #Nasdaq chart in 4-h time frame, we can see that the price was exactly as we expected, after it entered the Bearish BB supply range, it was accompanied by selling pressure and was able to hit the main target with more than 430 pips profit! In the coming week, we will probably have a short upward movement first, and then with the right trigger, we...
Overall uptrend structure, price was forming a series of higher highs & lows. Price made a new higher high @ 18450, but failed to continue the uptrend impulse stage & sellers push price back underneath the previous all time high zone. Since then, sellers have now pushed price back & is currently invalidating the uptrend today by breaking the last higher low &...
Nasdaq is bearish on its 1D technical outlook (RSI = 37.414, MACD = -64.490, ADX = 50.187) but the 1W RSI is still bullish (RSI = 56.510). You can see the reason on this chart. The long term pattern is a Channel Up that is supported by the 1W MA50 for the past 13 months. The current pullback can be seen as a phase similar to the consolidation of August-November...
First entry failed (rare case senario) so here is a more detailed chart with alternative entry points where i expect reversal even tho ive been crying wolf (recession crash) im not looking for it just yet but market doesnt wait for anyone now does it maybe it may lead to a retracemnt for bearish continuation ill update for interested parties
OANDA:NAS100USD After forming that bearish flag looks we'll be heading down.
How i trade my indices as a day/swing trader. I firstly spot where price has been rejecting with my Order blocks then I move to my lower timeframe to find more price rejects but i mainly focus on the major rejections meaning the order blocks that are on 4H,1H,30M&15M. I take trades on my 5minutes time frame
With some fun gaps to fill on the way down. See you in late October.
This is a clear and clean 👌 buying opportunity on Nas100.
Hello everyone It seems that last week was the end of wave 1 cycle in NAS100 and its correction has started. There is no one that can predict what patter we are facing to for this wave 2 cycle it is just an idea. Please take time and let the chart disclose its internal patterns. Just monitor uptrend impulses when wave 2 corrects confidently. Thanks
Next projection on this pair, as price finished off last week breaking through multiple areas of support. Price is approaching a higher timeframe zone (blue region), where I will be watching for a potential reversal back to the upside on the lower timeframe.
Take a look at our analysis for US100. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 17330.1. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 16972.3...
We move on from a week where strong momentum markets (AI names, NAS100, JPN225, Mexican peso) were sold down hard, with traders better buyers of the VIX, US30, gold, CHF, USD, and defensive equities (utilities). Notably, the NAS100 recorded its worst week since November 2022, driven in part by market players part-liquidating an incredibly extended position in...
After quite a long consolidation within a wide horizontal range on a daily, US100 index violated its support. That violation is an important sign of strength of the sellers. It may trigger a correction lower, at least to 17500. ❤️Please, support my work with like, thank you!❤️
Nasdaq looking for buy momentum due to usd correction small risk big reward 1:3 ratio let's try this 😉