Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
From a weekly perspective, the nasdaq recently had a very bullish breakout, breaking above a long term downtrend line and also confirming a weekly double bottom.
Hence I am now just waiting for a deep retest of the neckline of the double bottom before I think that we will...
Price has reacted with impulse from a double bottom value area and printed a trend continuation flag. Looking forward to taking the trade as and when price closes above the flagon the 1 hour time frame
Td46: NQ is still clinging to the BEAR side. There’s a HIGHER LOW but not a defined one. Her structures are more BEARISH than bullish (for now). LOWER HIGHS and lower lows are visible but she’s still in a short range and only what happens in that range determines our next step.
According to wider time frames like the 1day, the correction that Nasdaq started is a technical (after hitting the Rising Resistance) and a much needed one as it hasn't tested the 1day MA50 in 1 month. The RSI staying under the MA reminds us of the patterns that started the August and April sell structures. The market is now out of the Bear Cycle so the correction...
This is an analyze for US100 in 4h time frame . as you see we havent a new high and this is an alarm for bullish trend but in the future it cant break last low . so we have a sideway trend now .
We're expecting price to pull towards the 12500 area before a sell off, This is based on the lower half of our POI and liq area. Once price reaches our 12500 POI we should then wait for confirmation for the sell which should reach 12000 to 11900.
Hi Traders,
if price close above 12382.0 with bullish candles formation, expect price to hit 12695.0. Place a buy or long position at 12385.0, take profit at 12695.0 and stop loss at 12210.0.
Happy trading
gudaninekhavhambe.com
In this video, we take a look at the US100. We cover the trend, price action, market structure, price gaps, key levels of support and resistance and a possible trade opportunity. As always everything explained in the video, not financial advice..
Hello all!
NAS100 is looking INTERESTING!
After a long sideways movement on this pair for the past week or so..
I have marked Liquidity and Imbalances, as well as my POIs of course! ;)
Will monitor LTF, wait for confirmation, and execute a LONG position targeting 13200!
Take care!
As is commonly known in the world of trading, Mondays tend to be low volatility days. With the added closure of US banks today, this Monday is expected to be an ultra-slow or low volatility day. However, Monday is still a favorable day for intraday traders.
From my perspective, I believe that the Nasdaq100 may be range-bound on Monday. A good support zone or buy...
