NAS100 just a retracement or short continuation?Analysis 06/05
Nasdaq just a retracement or Short?
As my previous idea, I mentioned the next nas100 movements.
Where we are now?
As you can see from the picture, Friday we touched liv 0.786 Fibonacci (17917.60).
On the RSI indicator an overbought position in multiple TF.
Appl on RSI indicator shows overbought in multiple TF.
This calling an obviously down from now. I advise to all that don’t have a positions open now, To open a Short position.
Green LH red HL
Nas100 will aim surely to
0.618 fib level (17529.90)
0.786 fib level ( 17418.40)
If stop the downtrend on those levels and will start to back up, we will consider the downtrend in large Tf invalid and a continuation up, possibly on the ATH.
To be honest I’m more likely on the second scenario. I’m showing you right now.
As mentioned as cut rates will not appearing so far, and other circumstances as war and inflation. I’m expecting a continuation of downtrend in a large Tf.
Instead respecting the retracement I will expect a continuation down, we will see breaks down m the previous HL on (17276.50) followed a retracement up and a continuation down. Find the pic attached.
Also as there are not any others important news, I’m see a clear sky of the second scenario.
I still have my sell position open from 17400
. Im consider both scenarios valid but likely 30% (1 scenario) and 70% (2 scenario).
In case of the first one I will wait the retracement for closing my position and open a buy position.
Use your money as tool and don’t be fear of the market.
Happy trading
Nasdaqshort
NAS100 SETUP PREDICTIONHHello traders this my trading setup in the higher time frame
My tactics ;
TECHNICAL ANALYSIS
Key Support & Resistance
Market Structure , Price Swings
Open Interest
Order Blocks & breaker block=> Expansion
liquidity => Reversal
imbalance => Retracement
Consolidation => Equalibrium
Market Maker Models buy and sell
Weekly Profiles
If you like my content please follow and hit the like button and show some love
wish you good luck and good tradinG
Nas100 Trading setup Institutional tacticsHello traders this my trading setup in the higher time frame
My tactics ;
TECHNICAL ANALYSIS
Key Support & Resistance
Market Structure , Price Swings
Open Interest
Order Blocks & breaker block=> Expansion
liquidity => Reversal
imbalance => Retracement
Consolidation => Equalibrium
Market Maker Models buy and sell
Weekly Profiles
If you like my content please follow and hit the like button and show some love
wish you good luck and good trading
Nasdaq analysis Wycoff style!(4/25/2024)Last month, everyone was hyped about Nasdaq NASDAQ:NDX and some media stocks like NVidia. we were telling our customers and followers to manage their risk and warned them about market correction.
In this analysis, we are using the Wykoff method to define accumulation, mark-up/down, and distribution phases.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.
Nas100 Price analysis 21 April 2024Monthly: The price has been dropping since starting of the month disrespecting the M-ERL+. So we are clearly bearish, till we get any bulish reversal in Daily.
Monthly Bias: Bearish.
Daily: On 15 April the price has been created a Bearish D-MSS with a Brake way Gape, since it has been dropping disrespecting 2 D-SSL, now it's about to test the D-FVG+, after taking the D-FVG+ if any H1 bulish MSS formed only then we could expect the price will go upwards the test the unmitigated D-FVG- above.
Daily Bias: Bearish.
H1: As last Friday, the price move upside then, it rejected from a H1-FVG then it formed a Bearish -MSS. So the price is clearly bearish.
So in the upcoming week if we test the H1- FVG- in the OTE level, then we can open a shot based on the Bearish bias.
EURUSD - SELL - EARNINGS RESULTSThe Nasdaq 100 earning season is upon us starting 21/04/2024 generally meaning it is profit taking for investors however the aggressive profit taking has happened with the Nasdaq declining by 2.05% before this upcoming week. Therefore further profit taking will resume. I am of the opinion the executive guidance on earning results may give support to the technical price for Nasdaq.
With the confluence of earning season and German manufacturing PMI release in the same week give a good opportunity to trade the EURUSD pair. Technically the pair is consolidating and with an overall trend bearish, however offers a selling position at 1.07060 with a target of 1.06084 and should it further go lower the next exit target be 1.05509.
Summary
Entry = 1.07060
Target 1= 1.06084
Target 2= 1.05509
Plan the Trade, Trade the plan.
Please boost and follow.
High Probability Trading Environments Part 2: Liquidity RunsIn this educational video, we'll explore the distinction between High Resistance Liquidity Runs and Low Resistance Liquidity Runs, crucial for identifying High Probability Trading Environments. Our analysis will focus on NAS100USD, providing insights into potential trading opportunities for the week ahead.
By understanding these concepts, you'll gain valuable insights into positioning yourself effectively in the market. Be sure to watch to gain a comprehensive understanding of the key confluences that contribute to successful trading strategies.
Understanding Trend Analysis, SMT and ICT Concepts
Mastering High Probability Trading Environments Part 1
Kind Regards,
The_Architect
Possible sell opportunity on NASDAQwere on a 3rd day of push to the downside, also currently in the golden zone and also in Premium zone. On the 4H & 15 min time frame weve reached order blocks. Id go for a 1:2 RR for this just to keep it light since this still is an uptrend. If it goes beyond the 2nd leg the trade will be invalid
NAS100USD: Exploring Potential Sell OpportunitiesCurrently, NAS100USD shows signs of a potential sell-side draw towards the H1 Bullish Order Block . This hypothesis is reinforced by several confluences, notably the presence of inefficiencies such as Liquidity Void and Fair Value Gaps at discount prices, which typically signal opportune moments for smart money to capitalize on profits.
For confirmation of entries, we await a pullback into the H4 Bearish Order Block, which also features Buy Stop Liquidity below it, serving as our selling target.
Stay tuned for an in-depth video analysis of NAS100USD to further dissect this potential trading opportunity.
Kind Regards,
The_Architect
Short METAThe recent top is our first pivot point, we will anchor short entries below the 472 level with target 1 at the previous top 384. This is the first test trade against a pivot top and a tight stop range should be set.
There is a massive short upcoming which will be a steep fall, a crash fractal unless the cycle alters in an unlikely event.
Trade safe, stay connected..... good luck