PA (Price Action) is weak and price not able to break down or above the support/resistance key levels
I was lucky keeping 1 micro contract short from yesterday high, that gave me satisfactory profit
will keep monitoring the price action, and will not engage in new position until I see more clarity on which direction to pick
I am sharing what it seems for me as...
Just sent out a short signal to the chat ! Seeing price come back down into an intraday level where I did see a bearish candle on the 5m time frame ! SL just above the level. We'll see if price can stay below the intraday level to continue that push to the downside ! Clean rr as always. I'm looking to take partials once price can push our way and of course my...
USNAS100
The price of NASDAQ is under sell pressure especially if it closes this 4h candle under 11080 it will be bearish to get 10900
but if reversed and stabilize above 11080 then will reach 11285
pivot price: 11080
resistance price: 11170 & 11285 & 11400
support price: 10960 & 10900 & 10780
Timeframe 1H and 4H
NASDAQ - Intraday - We look to Buy at 10965 (stop at 10865)
Majority of the initial daily gains being overturned.
An overnight negative theme in Equities has led to a lower open this morning.
Economic figures could adversley affect the short term technical picture.
Bespoke support is located at 10965.
Although the anticipated move higher is corrective, it...
Same setup as yesterday Price broken below 11091 resistance range we can easily see price test the next level . If price rejects the 11091 range and stays under resistance we can easily see price go down to 11000 and possibly lower to zone 10803 but if price breaks back above 11091 than we can expect price to simply go to the upper zone level.
Td20: The NASDAQ100 BULLS came in yesterday but couldn't hold it. They broke past the 11,100 level only to return back to it and have failed to leave the spot ever since. Can't tell what they'll be doing now since the new HL hasn't been broken by the BEARS yet. The current STRUCTURE is still BULLISH. However, the TREND is looking BEARISH. The lady is still in a...
$NAS100USD : My bias is still bearish. i waited for a bit more price to develop and saw that price retested a previous major exhaustion area. So i went back for sells and is looking for a break of major exhaustion area of 10803.8
Sustained Break Above 11070 takes Nasdaq higher towards 11268 and 11452
Failure to clear above 11268 and Sustained Break Below 11180 pushes prices down
to 11070 and 11000 below which decline can extend to 10900 and 10800
Currency Pair : NAS100
Possible direction : Bullish
Technical Analysis : Price has broken out of the resistance level after grabbing strong liquidity from the support level. Currently price testing the previous resistance turned support and upon rejection, price may continue to rise the weekly 61.8% fib level.
Possible trade recommendation : Bullish...
Breakout and pullback on the key level highlighted. Expecting a bullish reversal here to revisit the pinned price levels on the chart.
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![US100: NAS 100 BULLISH OUTLOOK [H4 - DAILY BIAS]](https://s3.tradingview.com/b/BucrMOrT_mid.png "NAS 100 BULLISH OUTLOOK [H4 - DAILY BIAS]")
