Ustec
A possible Pennant pattern as you can see on the tri-angle line there 4 touches on the top and bottom
Market might move to $12 400 today
Nasdaq 100 What Now Episode 2Hey Traders, today was messy but I pulled through anyway, Look at the new idea I've got. Currently, the VXN is headed for support making the Nasdaq100 bullish. However, don't really know what supports holds. I'll be taking longs till then.
If the 15200 level is retained that would mean something else. Watch to see my bias.
First plan:
VXN chart:
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Lazyluchi..
NASDAQ Price actionIs not supply and demand... chart pattern or harmonic pattern and no indicators :)
i dont use zone, but i use specific level.
i use fibs only to find equilibrium and OTE.
Currently price hovering arround mid level of parent swing, normally price will play in the middle of the range at FOMC week.
Find your liquidity, or you are the liquidity.
if you enjoy my analysis, please like comment and subscribe.
Regards,
by "huntedortobehunted"
US100 (NASDAQ100) NEARS DAILY SUPPORT US100 has hit my expected first target level at 1.618 (14784), down almost 10,000 points from last forecast and has now approached the support zone. We could expect some price consolidation in this zone.
I am now closely watching the price action to lookout for potential reversals or continued break to the downside.
Please check initial forecast below.
Goodluck trading.
US100 LongHello again, US100 has been a top performing stock, don't think tech stocks will take another hit from any omnicron news and it's being brought into range. We need to be cautious because of the weekly close last week so only trade on clear rejection above the level as seen. looking to reject daily 100EMA and RSI hit below 30. Expect to find new highs after rejection but several TP's on the way for caution.
R:R = 2:6:1
GL
nasdaq bullish wavenasdaq is runing upside for a new high i expect to teach that upper channel line on the chart
so we can create sell limit orders between 16264 and 16295
we can face also resistence within the inner trend at 16130
If a fall happen we can set a buy limit @ 15700
donate us coin if you like this analysis
NAS100 - BUY SOONThis is what I see on Nasdaq. Apologies for deleting orders but we will wait on the new H4/D1 candle or price of 15360 (BUY LIMIT) as I want to avoid you guys being trapped within range or stopped out at BE. Our prior BUY STOP at 15500 has not yet triggered but is still valid. We will continue to BUY STOP prior levels given all the way up to a general TP.
Apple to end the week well with iPhone 13 sales opening tomorrow.
CPI, retail sales are all up.
Wait on the new daily candle and or NY open
NASDAQ, PICTURE PERFECTWouldn't it be lovely...
Our perfect scenario on Nasdaq
Things to consider
Contradictory fundamentals - BTC rose to 50k, Tesla has immense holdings in BTC, possibly creating a pump at NY open
Gap at 15088 - Once closed all stop's should be beneath entry making this trade risk free as this may create a buyers leg
Essentially there are possible HH's that could be created - However the reward scale still leans biased to sell, please read this a few times. It will make you more responsible with positioning responsibly prior to break out.
SELL STOP NASDAQ @ 15125.55
SL OPEN
TP OPEN
R:R - 1:5
POSITION CAREFULLY
USE RISK MANAGEMENT