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.
US NAS 100
Significance of the 12896.2-13231.6 sectionHello?
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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:
Nasdaq Analysis Hello,
Since my last analysis, I have been closely monitoring the market and wanted to provide you with an update. Despite some fluctuations, we have yet to witness a significant shift in the market. While we did experience a push out from the wedge, we have remained within the confines of the consolidation box.
However, I must emphasise that the current build-up of market is quite intense, and I anticipate that we will experience some substantial movements very soon. If you have not already done so, I recommend reviewing my previous analysis for a comprehensive understanding of my projections for the market's future direction and what levels to watch out for.
Nasdaq selling to buy zone!!!From the daily we can spot price in a bearish trend, because of the series of Lower highs (descending slope)... Now this means sellers will be more impulsive than buyers, so bearish setups are highly recommended.
Look out for all bearish continuation flags across all timeframes to capitalize on the impulsive wave and bank dome serious %.
Goodluck to us all!!!
NAS100USD Trading Opportunity! BUY!
My dear subscribers ,
NAS100USD looks like it will make a good move, and here are the details:
The price is coiling around a solid key level - 13060.2
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 13252.6
Safe Stop Loss - 12944.2
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
Nasdaq triangle breakout scalphello traders nas100 looks what is making an ascending triangle but we can play against what we all learn from the text book we will use to short it looks clean nas100 was very rangy but still we can take advantage on a rangy market .overall it is bullish but still we don't fix ourselves in one direction any ways we are buying it from the broker so think both side lets get it /if it is helpful signal like this make sure to like and comment so i keep posting .
Whether the investment market is active or not is a DXY chart...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
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(NAS100USD chart)
The key is whether it can rise above the volume profile section of 12896.2-13231.6.
(1D chart)
Therefore, it is necessary to check whether it can rise to the 13231.6-13480.9 section and be supported.
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(SPX500USD chart)
The key is whether it can rise above the volume profile section of 4116.0-4169.6 and continue its rise along the rising channel.
(1D chart)
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(DXY chart)
Looking at the 1M chart, it shows a breakout from the uptrend channel.
Accordingly, the key is whether it will form a new trend.
In my opinion, for the investment market to pick up steam, DXY needs to show sideways decline below 101.494.
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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 TRADE IDEA - A BREAK?Crown Club managed to maximise the sell off yesterday on the Head of the head and shoulders pattern.
The market has been crazy moving sideways - the volatility is mainly caused from earnings and the wait of what the FED will do at the next FOMC meeting in May - remember that all the evidence we can gather now on where interest will be in the next FOMC meeting will influence the markets.
'Fed’s Bostic sees one more quarter-point rate hike, then a hold ‘for quite some time' - As a member of the FED, this statement from CNBC could potentially lead markets further down and with earnings out now we could see a potentially good window for investors and firms to grab profits while stocks are "doing good" - majority of retail traders would follow direction of the market and news, what do I mean by this?
If APPL does good with earnings you would expect price to go through a bull run, all though this is still a possibility I see this as an opportunity for BIG investors to cash in profits - hence the recent volatility and consolidation.
Be prepared for a lot of fake out and sl sweeps this week.
Nasdaq Analysis Hello,
From yesterday's analysis you can see the price done as I expected. The prices has broken out the wedge I drew yesterday but we are still in the consolidation box. Now the price may come back retest the wedge and continue going up or this could be a fake break push price back down to the lows of the consolidation and then breaking down.
For Bulls: 13306- 13516
For Bears: 12813- 12417
I will be looking very closely for the bull run and even if we push down il still be looking for bull entries. As the market is still very bullish!!