The price is nearing the resistance level at 18250, beyond which it is poised to initiate a bearish trend as long as it remains below this threshold, targeting 18095 and potentially extending down to 17950.
Conversely, the primary bullish scenario would entail breaching the 18250 by closing a 4-hour candle above it, paving the way for an ascent towards...
USNAS100
The price could stabilize within the bullish zone after breaching the pivot line at 18095.
It is now poised to test the 18250 and is expected to oscillate between 18095 and 18250 until a breakout occurs. Should it surpass 18250, a bullish trend towards 18400 is anticipated. Conversely, stabilization below 18090 could signal a bearish trend down to...
Jinny Gann Star.
Important LEVELS.
16597
18696
horizontal lines are Support/Resistance .
Vertical lines are time pivots .
The most accurate Gann tools here.
Jinny Gann
Appreciate your Comments.
GL
just another brief post to help some of you who may be struggling with proper analysis...
Remember even bullish markets need retracements...
The bullish trend is HL/HH’s...
If the market is at a HH with proper certification of completion…then it will retrace to form another HL.
Do not get fooled into thinking the market is permanently reversing…it is just the...
Hello traders :)
I am back with another trader idea. In the case of Nas100, we can expect a move to the downside soon.
Like I've mentioned in previous analysis shared on indices. In general, May is a bearish month for the Indices.
I will be shorting this pair for a 3-4R. It can be traded as a correction, or we can look to hold until the end of May.
I will...
Hi Traders another potential sell trade NASDAQ. We just retest previous resistance been failing to break since March.
On H1 we on consolidations area break below level of 18300. We going to sell hard.
Please share profits and comment below.
Certified Price Action king.
NAS100 target has been hit,A massive 1050 points was hit over a period of 2weeks.analysis was posted from the start of this trade idea.new trade idea will be posted when a new setup is spotted,for now we sit on our hands
Price is currently at a resistance level which is a pullback resistance and could potentially drop from this level to our take profit.
Entry: 18,334.16
Why we like it:
There is a pullback resistance level.
Stop loss: 18,490.09
Why we like it:
There is a pullback resistance level which aligns with the 127.2% Fibonacci extension.
Take profit: 17,983.95
Why we...
Hey Traders, in today's trading session we are monitoring NAS100 for a selling opportunity around 18300 zone, NASDAQ was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 18300 support and resistance zone.
Trade safe, Joe.
Slightly late in posting this as I entered yesterday afternoon. NASDAQ longs. Looking for a small increase in price as there looks to be some high quality supply above. However, with indices supply often fails especially in a bull run.
Hi Traders we still on uptrend having to reach previous higher high. now we on high low with long rejection from downside. showing less momentum to downside.
Please share your results.
Enjoy your day.
Certified Price action king.
i am tracking 3 set ups for Nas as we approach some important news this week. i expect Nas to be bullish but the news events to act as the anchor for the pull backs and retests
Investors will likely turn their attention towards the US CPI data released on Wednesday. Unlike in Europe, inflation has been surprisingly stubborn in the US in the past few months, and that has been limiting the Federal Reserve’s ability to start considering cutting rates. Whilst the resilience in the economic data has been keeping US equities supported, the...
Fibonacci tool is the basis of my analysis.once we achieve a double top at 18444. It is a major drop to 12000 and a possible 7000. A crash I would call it.
*Major Levels Only*
If Sustain above 18179 then 18246 to 18269 then 18295 to 18302 then 18337 to 18360 above this more bullish, 18427 to 18450
if Sustain Below 18156 then 18089 to 18066 then 18034 to 18026 then 17998 to 17975 below this more bearish
Consider some buffer points in above levels.
Please do your due diligence before trading or...
Possible sweep of Liquidity around 18200. Looking for counter trend back into Daily Imbalance then possible trend continuation to next target area around 18365.
