US NAS 100
1hour Nas100On the 1hour chart of nas100, a ranging period is observed. The market has hit the range at 3 different points (2 at the top, 1 at the bottom). Before the bullish breakout is observed (refer to the link attached), the market will have to even out the number of times it has hit the range therefore the move in the range would be a bearish one.
24hr bullish Nas100A 'w' pattern formed which indicates a reversal in the trend (bearish) so we should be expecting a bullish move this week. It's also important to note that the retracement that always happen after a pattern has been formed have already happened so it is safe to open a position based on the daily chart. The expected tp is indicated by the rectangle.
NQ1! NAS100 NASDAQ 2023 MAY 08NQ scenario 4, rotational trade yielded 470pts from 3 trades.
Test and Reject/Accept setups consistently offers low risk trades.
NQ was in rotation for a month now.
Friday saw a low volume mark up, and could be trapping longs.
Previous scenario planning remains.
Given the rotation has progressed thus far, inexperienced traders should just wait.
CAPS FOR EMPHASIS-MY TENDENCY TO TRADE SCENARIO4 WILL NOW BE DIMINISHED.
Possible scenarios:
1) Market stuck in a 250pt range, wait till supply/demand is resolved
Then:
2) Breakout of upper boundary to test 13740 = long at support of upper boundary of range
3) Breakdown of lower boundary of range = Short on rejection of 12950
4) The longer the rotation, the riskier will be rotational trade.
Long on support between 12950-13040 | Short on rejection between 13350-13212
Volume Analysis:
Friday's mark up on average volume, with close away from the high, is weakness on the bar.
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
14361 13740 13350
13316 12950 10710 - 11068
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Have a profitable trading week ahead.
*For educational purpose only.
US100 Index (NASDAQ): Your Trading Plan For Next Week
US100 index is trading in a bullish trend on a daily.
The price has formed a cup and handle patter approaching 13290 resistance.
The next bullish move will be confirmed after a breakout (daily candle close above) of the underlined
yellow area.
A bullish continuation will be expected to 13500 level then.
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NAS100 Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Activation of the investment market is...hello?
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** Analysis of the BTC chart publishes new ideas once a week.
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(NAS100USD chart)
The key is whether there is a movement outside the 12896.2-13418.8 section, which is an important volume profile section.
If it rises above 13231.6-13480.9, it is expected to continue its upward trend around 14710.6.
If not, and it falls below 12497.5-12716.0, I would expect a decline around 11366.9-12119.2.
The important thing is that it is maintaining an uptrend along the uptrend channel plotted on the 1D and 1W charts.
However, since the 1M chart has not yet formed an upward channel, it is necessary to check the situation in the future.
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(SPX500USD chart)
The key is whether you can maintain the uptrend along the rising channel drawn on each chart.
If it fails to do so and starts to break out of the uptrend channel one by one, it is likely to lead to a sharp decline.
If it shows an uptrend along the rising channel, I would expect it to rise above 4310.8.
Since the 1M chart's HA-High indicator is formed at 4419.8, you need to check whether it can rise above the 4252.2-4310.8 section.
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(DXY chart)
The question is whether it can move sideways below 101.494.
If it does not, and rises above 102.020-105.873, the investment market is expected to slow further.
If it moves sideways in the 98.244-101.494 section, the investment market is expected to be active.
The activation of these investment markets means that there is a high possibility of showing results different from the actual economic situation.
Therefore, it is not good to predict the prospects of the investment market, that is, the coin market, based only on the current global economic situation.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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Nasdaq -> Short Squeeze ComingHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 just recently perfectly broke above and with last week's candle already retested and rejected a quite obvious previous weekly resistance area at the HKEX:12 ,800 level.
You can also see that as we are speaking, Nas100 is approaching the next major weekly structure area at the HKEX:13 ,600 level which was acting as quite strong resistance in the past, so from a weekly perspective I am now just waiting for another rally to retest the next resistance before I then do expect a short term correction towards the downside.
On the daily timeframe you can see that with Friday's candle, the Nasdaq perfectly broke and closed above a previous daily resistance area at the HKEX:13 ,100 level - all of this previous resistance is now turned support so I am just waiting for a retest and bullish confirmation before I then do expect another impulse towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NASlast post I mentioned the daily FVG and it did just that.
too bad I missed it but I was not trying to jump into a trade on my first day of second phase.
we are looking at D time frame FVG getting tapped and midnight now seems like a fake break low might tap to higher FVG left from market change.
from there if it respects order flow down im looking at sells to 50 % of the move from Thursday.
see you guys in the morning .
NAS100USD Will Go Higher From Support! Long!
Please, check our technical outlook for NAS100USD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 12949.6.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 13264.1 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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NASDAQ a short term move 🦐NASDAQ on the 4h chart took the liquidity above the previous highs at 13125.
The market tested the 13200 below a previous resistance and created a bearish engulfing candle.
How can i approach this scenario?
The price is approaching an ascending trendline and IF it will break it during the US session i will consider a short order according to the Plancton's strategy rules.
Significance of the 12896.2-13231.6 sectionHello?
Traders, welcome.
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(NAS100USD chart)
Looking at the 1W chart, the 4th week showed sideways movement in the range of 12896.2-13418.8.
The key is whether this week, the fifth week, can continue sideways.
If not, you need to make sure it is supported on the 12716.0-12896.2 range, which is the 1st segment indicated on the 1D chart.
Looking at the 1M chart, the HA-Low indicator is formed at 13480.9.
Therefore, it needs to rise above 13480.9 to continue the uptrend on a long-term basis.
Looking at the 1W chart, the HA-High indicator is formed at 12497.5.
Therefore, it can be seen that it is maintaining an upward trend from a mid- to long-term perspective.
Looking at the 1D chart, the HA-High indicator is formed at 12946.5.
So, if it finds support around 12946.5, it is expected to rise above 13231.6.
If you fall below the HA-High indicator and receive resistance, you should basically think of falling around the HA-Low indicator and think about countermeasures.
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(SPX500USD chart)
The key is whether it can be supported around 4116.0-4123.5 and rise above 4169.6.
If not, you need to make sure it is supported around 4045.2.
Looking at the 1W chart, point 4116.0 is the section where the volume profile section is formed.
Therefore, being supported in the 4116.0-4169.6 section means that you can create a new wave.
However, it means that the resistance is strong, so it is good to check the upward breakout.
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(DXY chart)
- It broke out of the rising channel of the 1M chart.
- The key is whether it can fall along the 1W chart's downtrend channel.
- The key is whether it can fall below 101.494 on the 1D chart.
In order for the investment market to be active, I think it should show sideways in the 98.244-101.494 section.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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Nasdaq Analysis Falling Wedge Hello,
Currently, we are in a consolidation box, and the market seems to have intensified significantly. I have also observed a falling wedge pattern, which I believe will eventually break to the upside. Although it's unclear if we will see a breakout of the box, I will be prepared to analyze the situation once it happens. It's worth noting that there was an attempt for a downside break, but it turned out to be a false breakout.
Please refer to my previous post for the levels that I will be monitoring, and I will keep you updated on any developments. If you would like a more detailed analysis of the lower timeframe, please let me know.
NAStoday we took a trade to the upside before 8:30 open and did exactly as expected dropped and tapped into our FVG and entered for a 1:2 win targeting first BSL right above as our first target. One position closed leaving a second position as a runner, failed to set SL and was in drawdown over the afternoon. expecting price to eventually buy after some time and entered a third position at the 1 HR time frame and looking to buy up and takeout BSL above and now fill above hour FVG if it creates a CHoCH and breaks MSS up.
for now we will mark up and be neutral till 8:30 am tomorrow see you guys !
possibly looking to target above FVG on one hour TF.
Nasdaq -> Bearish Then BullishHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 just recently perfecly broke above a major previous weekly resistance area at the HKEX:12 ,500 level which is now turned quite strong support.
You can also see that weekly market structure and moving averages are both bullish, indicating that we definitely have more upside potential long term so I am now just waiting for a deep retest of the previous resistance zone before I then do expect more weekly continuation towards the upside.
On the daily timeframe it seems like Nas100 actually formed a top formation over the past couple of days so I am now very interested in a short term short opportunity back to the weekly support at the HKEX:12 ,500 area before I then also do expect a next daily rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset: