Nasdaqtrader
NAS100 Entries + Exits FREEEntries were forced to be widened due to all of the wicking and gibberish split candles between green and red entry. In between entries are possible scalping areas via the min 15 zones I have already had sent out. This is a very wicky pair, so beware if it touches a min 15 zone on my pip rule break. Don't miss early week entry breaks....
How To Play The Chart Entries/Exits:
Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat.
All likes/comments and feedback are very much appreciated!
Nasdaq heading towards 14640...Nasdaq is looking for new cycle,
if break 14100 zone immediately we can see 14640 Target...
it valid only if break 14100
(14/06/2021 analyzed )
Thanks & Regards
K Sureshkumar
NASDAQ100: A 61-38% RETEST!So i made an analysis that went well which was a double with a bullish rise that lead to a breakout. a retest to 61% (12357) & 50% (12333) might just give us a 38% (12310) reach, a bounce of the 38% (12310) continues the bullish trend but if denied we might just be on our way down. but unfortunately the daily chart shows a bearish rejection so 🤞🏽on this week might just be bullish. if you loved my idea, leave a comment, like and be sure to follow for more 😗😙 cheers! ✌🏽🤑
NASDAQ is trading within a downtrend channelCURRENCYCOM:US100
📍 After reaching the record high level around 12500.00 investors are taking their profit because of fear about the economic slow and and doubt over economic rebound
📍 Currently the price is below the 11000.00 key psychological level. Ahead of the US presidential election everyone had a doubt over who is win the election and how they will impose new tax on corporate sector
📍 US100 is trading in a downtrend channel. And series of HH LL LH LL patterns forming. And approaching towards the lower side of the major trend line we can expect a minor rebound from this level
📍 Within this downtrend channel series of bearish flag patterns are formed which is a clear sign of bearish trend
📍 In Elliot wave theory The 3rd minor wave is forming within the major third wave. The 2nd major wave was clearly closed at 61.8% of the 1st wave
📍 Recently the tech shares are in decline phase which in turn the US100 is falling as the tech shares the major movers
📍 The price was felled below the 50,1001200 exponential moving average the Ichimoku cloud is acting as resistance for the bull
📍 If the price moved above 11840.00 level then the bearish trend got invalidated 11840.00 is a 50% Fibonacci level
📍 MACD is in red zone and oscillators are pointing towards bearish trend. But in RSI the strength is slowly fading and we can expect minor rebound up to RSI-50
📍 The next bearish target would be 10310.00 which is a July low level. In alternative case the target would be 10800.00
Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas
NASDAQ UPDATE & LONG THEORYHi Traders,
Have a look at the idea and see how it can benefit your ideas.
Best,
FIBZ