With How Nasdaq Has Been Moving I See two things happening from the zones price is currently at. 1.Continues up with the Major trend or... 2.Breaks The Forming Support and Goes Bearish. I will be waiting on Both Outcomes.
Price seems to be creating a Higher Low So If It Breaks and Closes on the Zone Above Then I will be Looking To Go Bullish(Major Trend). Other than That...We Wait!
I See Price Turning Around at this point and Selling temporarily. But If price Breaks that Trendline then i would wait for a Retest and continue Bullish with Price because the Major Trend Is Bullish. Any Other Ideas, Please Do Not hesitate to share with me :)
I'm Still Seeing Bullishness In EU So Will Wait For a Double Bottom For My 2nd Entry.
WAITING ON A PULLBACK FROM THE YELLOW ZONE OR THE ZONE BELOW IT, PLUS I THINK I AM SEEING AN INVERTED HEAD AND SHOULDER PATTERN. Please do not Hesitate To drop your Chart analysis on Nasdaq.
Nas100 had a Heavy Drop, So Now I'm looking To Trade The Retest of that sell But I am waiting for a Double Bottom just For Extra Confirmation and Chart patterns on the Lower Timeframe. Let Me know what you think and Please Feel free to Leave your Nas100 Chart Link So we can See how we tackle the market this Week...
hey guys what do you think about my EURUSD Trading analysis for Monday? I think EU can shoot to the upside because on the 4hr It's in a reversal Bullish expanding triangle and on the hourly Its in a Bullish continuous Flag pattern. So I think It might Go down to @1.04471 to create a double bottom and then shoot up or break through the pattern mixed with the...
Hi Traders I have been Trading for 3 months so please Go easy on me as I am just trying to See How well or bad my analysis are, And please Don't Mind my Risk to Reward Ratio cos its bananas and I doubt Nasdaq would drop that much with an uptrend That's been so consistent and so strong(Dreams to catch such a big Move ;D). Please do Feel free to comment on this...