Nasdaq Thoughts 23-07-2024Hello everyone! Please find my NASDAQ market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
Nasdaqstrategy
NAS100USD ( BREAKOUT CHANNEL ) ( 4H )NAS100USD
HELLO TRADERS
Tendency , after breakout channel the price is under bearish pressure .
TURNING LEVEL : the price of turning level between 20,214 and 20,084 , if the price breaking 20,214 reach a resistance level , but if breaking 20,084 reach a support level .
RESISTANCE LEVEL : currently price 20,127 inside sensitive area , if the price breaking turning level at 20,214 reach a resistance level at 20,386 .
SUPPORT LEVEL : if the price breaking 20,084 reach a support level at 19,910 .
PRICE MOVEMENT : the price breaking ascending channel it mean under bearish pressure , know the price in a sensitive area between turning level at 20,214 and 20,084 , price breaking 20,214 by open 4h candle above this level reach a resistance level at 20,386 , then breaking this level reach a 20,708 , if the price breaking 20,084 by open 1h or 30 min below this level reach a support level at 19,910 , the breaking this level reach a 19,688 .
TARGET LEVEL
RESISTANCE LEVEL : 20,386 , 20,708 .
SUPPORT LEVEL ; 19,910 , 19,688 .
NAS100USD ( TRYING TO REACH A ORDER BLOCK ) ( 4H )NAS100USD
HELLO TRADERS
TENDENCY : generally the price stabilizing above turning level , indicates is under bullish pressure
TURNING LEVEL : the price between 20,387 and 20,217and called a FVG , as long as the price trading above this level reach a resistance level , breaking this level trying to touch a support level .
PRICE MOVEMENT : the price in previously reach a first resistance level at 20,387 , currently price stabilizing this level , my goal resistance level at 20,703 .
PRICE ACTION :
LONG CONDITION : have two cases to rising for reach a resistance level , first case the price retest a 20,387 before reach a resistance level at 20,703 , second case price retest 20.217 , before rising , if the price breaking order block at 20, 783 reach a new resistance level at 20,929 .
SHORT CONDITION : if the price breaking turning level at 20.217, stabilizing below this level reach a support level at 19,810 , then breaking a supply zone reach a next level at 19,405
TARGET LEVEL :
LONG CONDITION / RESISTANCE LEVEL : 20,703 , 20,929
SHORT CONDITION / SUPPORT LEVEL : 19,810 , 19,405
Nasdaq thoughts - 11-JUL-2024Hello all, here's my plan for Nadaq entries for today. Remember to use this to compare with your chart and improve yourself, they aren't meant for you to just use as signals. On trading view, you can click on " Make this chart mine" and it will automatically open the chart on yours.
NAS100USD ( BELOW TURNING LEVEL ) ( 4H )NAS100USD
HELLO TRADERS
Tendency the price trade below resistance trendline , indicates the price is under bearish pressure
TURNING LEVEL : there is a blue line around 20,557 , indicates if the price trade below this level reach a support level , but if the breaking turning level reach a resistance level
NEW RESISTANCE LEVEL: there is a green line around 20,742 , indicates if the price breaking turning level create a new resistance level
SUPPORT LEVEL : there is a red line around 20,245 , indicates buying have already increase this level , and in this level create a demand zone
PRICE MOVEMNET : the price stabilizing below turning level around 20,557, in my opinion until the price trade below turning level , reach a support level at 20,245 , then breaking this level reach a next target at 20,083 , if the price breaking turning level create a new resistance level at 20,742
TARGET LEVEL :
RESISTANCE LEVEL :20,742 , 20,871
SUPPORT LEVEL : 20,245 ,20,083
NAS100USD ( UNDER ADP NEWS ) ( 4H )NAS100USD
HELLO TRADERS
Tendency the price breakout resistance trendline , indicates the price is under bullish at 19,926
RESISTANCE LEVEL: there is a blue line around 20,088 , indicates selling have already increase this level .
SUPPORT LEVEL : there is a red line around 19,926 , indicates buying have already increase this level .
PRICE MOVEMNET : the price between support level and resistance level , in my opinion after the price breakout the resistance trendline price stabilizing bullish , so the price corrective a support level around 19,926 , after rising to resistance level at 20,088 , then stabilizing this level reach 20,245 .
if the price breaking support level by open 4h candle below 19,926 easily to reach 19,811 and 19,620
TARGET LEVEL :
RESISTANCE LEVEL :20,088 , 20,245
SUPPORT LEVEL : 19,811 ,19,620
NAS100USD ( CLOSER SUPPORT TRENDLINE ) ( 4H )NAS100USD
HELLO TRADERS
Tendency the price closer a support trendline , indicating the price is under bearish pressure
TURNING LEVEL : a blue line a round 19,903 , which indicates two cases , the first cases until the price trade below 19,903 reach a support level , the second case the price breaking 19,903 , the price created a new historical peaks
RESISTANCE LEVEL : a green lines inside a gold rectangular , an area created above the turning level , the gold price area for the resistance level between 20,083 and 20,288, when it is created the price by open 4h candle above turning level
SUPPORT LEVEL : a red line , an area created below turning level , the gold price for the support level around 19,497 , buying have already increase at this level , this has led to the formation of the demand zone
PRICE MOVEMENT : the price is under bearish pressure until trade below turning level at 19,903 , it will attempt to reach support level at 19,497 and 19,116 , stable below this level reach 18,937 , if the breaking this level the price trying to reach a new resistance level at 20,083 and 20,288
TARGET LEVEL :
RESISTANCE LEVEL : 20,083 , 20,288
SUPPORT LEVEL :19,497 , 19,116 , 18,937
NAS100USD ( short direction )NAS100USD
HELLO TRADERS
YESTERDAT , As mentioned until price trading below turning level decline aimed first target +300 pip , today the price still bearish pressure , until the price trade below turning level at 19,688 , short direction of the price .
Tendency the price is a bearish pressure in 19,688
TURNING LEVEL : the price turning level at 19,688 , price stable below this level it becomes reach a support level , but if breaking this level active bullish area
RESISTANCE LEVEL: if the price breaking turning level 19,688 , the price will rise to 19,905 and 20,092
SUPPORT LEVEL : the price trade below turning level 19,688, it will reach the support level of 19,486 and 19,236 , stable this level reach to 19,109
CORRECTIVE LEVEL : price will 19,688 , correct itself before dropping
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NASDAQ H3 Idea | SELL to BUYPlanning to initiate a short position in the Nasdaq when it reaches 19,100, aiming to capitalise on a downward movement to 18,600. Once the Nasdaq hits 18,600, I will close my short position and open a long position, anticipating a rebound that could lead to a new all-time high (ATH). This strategy is designed to take advantage of both the anticipated decline and the subsequent recovery in the Nasdaq index.
Nasdaq buy setup institutional tactics hello traders this is my nas100 buy setup
risk reward 1:10
the system: institutional tactics
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i would like to have conversation and share our ideas and know you good people
remember the flow state is important
Flow , Glow and know and never blow
Nas100 In case of retracement and continuation upPlease see my previous idea
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.
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
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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
NASDAQ100 ON MAJOR BUYING ZONEThe analysis suggests that NAS 100 (Nasdaq 100 index) is currently within a major buying and demand zone. This zone is a price range where significant buying interest has historically been observed, indicating strong demand for the index. Specifically, the demand zone is identified between 18,200 to 18,300 points on the NAS 100 index.
In technical analysis, demand zones represent areas where buyers outnumber sellers, resulting in increased buying pressure and potential price support. Traders often view demand zones as favorable entry points for long positions, anticipating a bounce in price from these levels.
The target for this trading setup is set at 200 pips, representing the expected upside movement in the NAS 100 index from the demand zone. Traders typically set targets based on technical analysis indicators, historical price movements, and market sentiment. In this case, the target of 200 pips suggests a significant potential gain for traders who enter positions at the demand zone.
Overall, the analysis indicates a favorable trading opportunity in NAS 100, with a major buying and demand zone identified between 18,200 to 18,300 points. Traders may consider entering long positions with the expectation of a 200-pip upside movement, aiming to capitalize on the potential price appreciation from the demand zone.