Market has formed a W and now on m15 we are moving in on a bullish pattern plus price has to fill the downward move which previously occured
This would be the expected move around 6pm for Nasdaq since price did a retest on the resistance level
Price is playing around the support,I see an up and down move so I'll only focus on current market price for now I see price pushing back up...
Well on my side this is what I have...a breakout from this pattern would confirm where we are heading .. because usually this kind of pattern breaks to the upside that is why it gives sellers lots of chances to get out...but I do not control the market I just predict it's moves based on historical data so we'll see
The indice will push further down due to its structure having no support to push up,buy structure is no longer valid at the moment.i will share more updates with you guys.PAPA is going down!!
*Nasdaq closed the entire downtrend which was a parttern of head and Shoulders... because as it kept on moving it then formed a falling wedge...which hit support then went to the upside using both technical and fundamentals to support the buy structure..what worries me the most is that when the buy move was happening Nasdaq never retested it's zones....we have the...
*A rising wedge type looking-pattern was formed on the most dangerous area,HOD zone/resistance...this shows us either there is likely a high potential for a spike up or a spike down,for us to confirm that we wait till the market rejects the area multiple times which will then form a structure telling us whether we going up or down.well in this case the...
*Now for the second move..the downtrend starting from 2000.00 till 1932.18 is considered as a falling wedge,that is why when price found support on 1932.18 it rejected and went up again using bullish reversal patterns.priced reversed up till it reached a zone which was already tested two times before making this touch the third one,on this third touch I've spotted...
Price hit daily resistance and it respected it then formed an head and shoulders forex pattern,so looking forward to more sells till tp
I'm so sorry for publishing the wrong idea...it was a mistake... currently I'm in on buys for Nasdaq same move is happening on us30,and we going for a new level ...Bulls are in control even if you check weekly or daily timeframe this whole move is a bullish triangle...
We already on an uptrend...moving on a bullish triangle,,,and now price has to push up due to a bullish flag
Nasdaq will go short because of the triangle reached its peak point...hit the main daily resistance and the buy structure is weak
Was at first hoping price would correct 14.8k but then it failed by forming a bullish triangle on H4 which supports bulls continuation
We are on an uptrend so we going to look for buys more than sells... currently price has formed a bullish continuation pattern so I'm in on buys m5 and m15
Market is moving in structures,overall it's a downtrend but we have to find good entry points and exit points so everyone whether small or big account can enter and manage to be profitable,ifnot take a less risky loss.at the moment we moving on a triangle which we will use as bearish continuation parttern.the pattern won't be clean it will be messy so therefore I...
Price is moving on a downtrend,now in a rising wedge ,let's wait for breakout and retest then the sell will be strong
Price is moving on a triangle which has hit support many times...and we have higher highs and higher lows.. previous move was on a falling wedge...so I'm going for buys