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
beware NASDAQ Close above 18400 is very bullish.. don't short it.
i know its tempting to short but this is bull.
(please dont risk more than 2% in trade)
watch your risk management. Good Luck.
i try to always we will keep you all updated . Please don't forget to like, comment and follow to support me, i really appreciate you support !
Goodluck
i'll help you...
Daily/4h time frames analysis for US100.
Price action & key levels.
Directional bias.
Thoughts.
Trading plan.
❤️Please, support this video with like and comment!❤️
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 &...
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...
By checking the Nasdaq index chart in the 4-hour time frame, we can see that exactly as we expected, the first price was accompanied by a slight growth and filled the specified FVG, And after that, the price faced a heavy fall and corrected it by more than 400 pips to 17860! As you know, this is a demand range, and for this reason, the price reaction to this range...
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
Take a look at our analysis for NAS100USD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 18038.0.
The above observations make me that the market will inevitably achieve 17367.7 level.
P.S
Overbought describes a period of time where there has been...
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!❤️
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...
NAS 100 is the shortening of NASDAQ 100, a leading US stock index comprised of 102 of the largest non-financial companies listed on the NASDAQ exchange.
This analysis is from 2 weeks ago and it's still playing out as i predicted, well I'm just the best in this you don't have to tell me i already know.
Now we wait again and see the next move of nasdaq100
Nasdaq (NDX) is on the pull-back process, a correction that we called on our March 12 idea (see chart below) when the index reached the top of its 1 year Channel Up:
Even as recently as last week (see chart below) we called for the ideal sell entry and set a 17500 Target:
As you can see, the index emphatically broke and closed below the 1D MA50 (blue...
