Ustech100
Nas100 is targeting the August/September highFor sure Nas100 is headed to the Resistance of the rising channel but before it reaches there here is what we can expect.
🔍 Technical expectations:
🔹Currently Nas100 is forming a broadening wedge which is about to be completed to the top.
🔹A break to the top of the wedge will push price to the August/September 2021 high where price will consolidate for a while or pushed a bit down for a slight correction.
🔹A complete violation of August/September high will set Nas100 for a new record high which of course will send price to the Resistance of the channel.
❗️Take note: Do not take my idea as a general advice or signal and act upon it without your own analysis. I encourage you to follow me so that when I post new updates you get informed of this.
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Test for sale on Nasdaq 100We are in a key area, if it surpasses this last laterality, we will very possibly see new highs. We will wait for some setback to introduce the sale with the losses above the maximum of 1h.
This operation must have two objectives: The furthest below 14000 and the closest must be at 15000 .. Later it will be analyzed. We continue with the downtrend.
Expect Nas100 to roar again, next stop 15400A little pull back down is enough for Nas100 to roar again 😂
🔍 My expectations:
🔹A pull back down closer to 15000 psychological level will be enough for bulls to kick in.
🔹Psychological level 15000 and areas surrounding this are historical levels, looking back to August 2021, September 2021 and October 2021 these levels were a battle field for both buyers and sellers, the one that won took the crown.
🔹This time around I expect the bulls to wear this crown if they strongly defend level 15000.
🔹Supporting this idea are my previous analyses. Please follow the link below to view these.
🤗What do you think? Please comment below🤔
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NAS100 Bearish forecast on the weekly timeframe NAS100 moving according to plan. I anticipate it to finalize the bullish trend hike by meeting point D before retracing back to complete the AB=DC bullish trend hike. I believe that we will only be bullish again next week Monday. Thus time heading for a new all time high to pop this bubble.
NAS100 Bearish forecastWe opened an early sell following the bullish retracement yesterday and are holding to complete our trend hike AB=CD. NFP gave us a clear confirmation that the US economic crash is very near. This is the second negative reading in a row and it appears that tapering is going as scheduled. We look to short NAS100 until we reach the support of our channel.
We have a symmetric triangle that we broke out of in favor of our bearish outlook (Please follow the arrow).
Share your thoughts.
keep buying/ Nas100 is bullish and here is whySlight corrections and even big corrections are part of the market, but never should we dismiss the fact that where the market tends to go it will reach and nobody can stop it, unless someone is Gorge Soros of our days. These are reasons why I believe Nas100 will continue to rise (refer to snapshot below):
1. After making a double bottom at around 14400 psychological level price quickly bounced up, breaking the neckline.
2. Before price reversed, bulls and bears battled, in a consolidation state, price formed a descending wedge, falling wedge whatever we can call it. This for me was a sign of trend reversal. Bears failed to violated the 14400.00 psychological level giving the battle to the bulls to take control.
3. Pull-backs can be expected but this is the battle that belongs to the bulls. I on my part I expect price to continue to rise just keeping in mind the trendline ahead of price where sellers might be defending price, but in overall Nas100 is bullish.
I wish everyone a great trading week.
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Not too late to catch the flight/Nas100 is bullishHello friends and traders,
Nas100 as I already predicted yesterday is on for another bullish run and when it does who can stop it? This can come as a surprise to a vast majority of traders because hey, it is a market with so much trillion dollars. That is why the market has no bell at least as far as I know, anything of that sort to alert us, "I'm now changing to bullish", I'm now going bearish," "take your profit now." Just imagine if the market had that sweet voice and we could hear that voice behind us at all time as we monitor our charts, telling us what to do and where to go from here and there like the 'google map voice'. Life could be much easier. How I wish there was such thing, because hey I could be a trillionaire by now. Hahahahaha. Jokes aside. Let's just admit it, trading isn't easy and it supposed not to be easy, because everything in life it needs diligent efforts and determination to make it work. We mustn't expect an easy-soft life because such life is not what make millionaires.
Back to Nas100, we see that it formed a double bottom, it was not so obvious at first, yes not even to me. I mean, have you ever waited for a person and as the person arrived you couldn't recognize him at the first glance until the person came closer and closer? That is how it is. The market at first it wouldn't look so clearer as what it intends to do. Until later, sometimes until price has gone far leaving us with, 'oh should I enter here?' 'Where will my stop loss be?'😜
I know, you are not alone.
For Nas100 I expect it to continue rising, you might not be too late if you didn't catch the flight. You may want to hop in, but with so much care, because as I said price has already went up and it depends to your risk tolerance, it depends to how much you are willing to loose because hey what if we see the unexpected? An airplane crashes unexpected, we can always expect unexpected. If it crashes what then? Will your account survive?
I mentioned about the double bottom. What is it? Some people call it a W-shape pattern. Yes it resembles a letter 'W'. Basically the market arrives at the level and bounced up twice from that level. It cannot be at exact line, yes, a level can make sense. Don't expect to see a beautiful 'W' letter as of that in kindergarten. Many would get in with buy as soon as the market breaks the neckline, some would wait for a retest to the neckline before going long. Whatever way that works for you, let's be good with it. Again, I'm not an expert in this field, I'm just another person trying to conquer the market, but it is not easy. I want to, but it is not an easy thing. We learn day by day, and we must keep learning. I don't know if Tradingview can allow me to mention many stuffs here, I want to uphold to the house rules, if something wrong is found in my ideas obviously it will be flagged off. We are here to share ideas and improve, so be kind to comment.
With many wishes,
Forexintelligence
Nas100 is preparing for a long bullish reversal😱Hello traders, hope you are enjoying your week so far😁
Just a quick update on Nas100. I like what I see and how it is positioning itself for a big bullish reversal. As we know, Nas100 is moving in an ascending channel and observing price action unfold at the support of this channel, I predict a strong bullish reversal soon. If a break out occurs on the support it will not be a big one and price will strongly reverse. Shorting this instrument isn't the wisest thing to do at this point in time, it's best to look for best possible entry for another beautiful flight to 17000.
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Trade smart😁
⚡️NAS100 - BUY SETUP 1 OCT⚡️Hello Traders!!
I have analyzed NASDAQ and this is my opinion
-My technical analysis indicates a possible bullish setup
-The risk to reward on this trade is 1:3
-It is closely related with US30 which is currently ready for a bullish retracement
⚡️Exercise Good risk management⚡️
⚡️Split your position so you can partials as the move progresses⚡️
⚡️Updates will be added on this post, stay tuned⚡️
Slick✨
nasdaq / us_100 / ustech_100 /NAS100Looking back from the 20th July 2021, we have an alternate AB=CD that ended at the 1.272 of the extension fib tool. from there the market dropped from the 19 Aug 2021 16:00 B leg of the AB=CD.(X) of the deep crab the (B) leg of the alternate AB=CD was the start of the (x) leg of the crab pattern. we have the B leg at 0.886 if the B leg of the alternate AB=CD.
We also have the C leg at 0.382, also the 0.382 is the D leg of the bat pattern. the bat pattern started from the 17th September 2021n 14:00 the B leg is at 0.5 of the fibs and the D leg is at 0.786 and also 1.618 of the B A leg confirming the D point.
the current setup looks like a bullish expanding triangle, if we break above this setup this week we might witness the formation of a Gartley setup of which its AB=CD and the D point is at 0.786. if the D points check's out and sell then we might also witness the last shark harmonic pattern that will end at 1.1414 this zone has a cluster of fibs already. this might be a great zone to enter a long-term buy. that's all IF the market plays out according to the setups. harmonic patterns ALWAYS follow each other.
us 30 trade price retrace to 0.61 fib level and created a support on 4 hour took entry at 34507 and sl is 34411
NASDAQ 100 WED REVERSALPossible breakout to the upside or trap to the downside and then reversal upwards.
First wait for breakout!
NASDAQ BUY Hello Traders in last 2 setups we hit 1100 Points . I'm very happy to see that my follower just took $11,000 Profit from these 2 setups, I hope you all made good profit. Well, here is another setup which is little bit risky but our Stop loss is very minimum and our targeted profit is very high as usual ;)
Enter @ 15220 to 15250
Take Profit @ 15480
Second Profit @ 15700 ( 520 Points )
Stop Loss 15050 ( Only 130 Points )
Enjoy again & Good luck ;)
Nasdaq100 strength might be renewed this week, here is whyNasdaq100 is currently on a support of a rising trendline that plots through the rising channel that began in May 2021. Nas100 is expected to renew its strength this week and bounce up from here, rising to 15700 to the previous high. Supported by the 4 hour, 200 Moving Average where price is currently seating, there's high chances the index might rise this week to test the previous high.
On the other hand, if the May 2021 trendline gets violated successful to the bottom, then the 14713.49 August 2021 low will come into focus.
Wishing everyone a successful trading week. Maybe you can also share with me your bias on Nasdaq100 in the comment section below.
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Short term sell idea on Nas100Dear traders, here is my quick sell idea on Nasdaq100. We see Nasdaq 100 being held by the falling trendline that meets the horizontal level that acted as support in the past. Price bounced up from this level several times. After, the level was violated to the downside. Price came into this level several times already and it got rejected, the level is now acting as resistance. This time around, our short term sell idea is being supported with a falling trendline that meets the horizontal level making a confluence zone on the chart. I still expect Nasdaq100 to sell off for a short time before making new moves. As we go short, we do not want to stay in for long as this time a lot of consolidation is occurring in the market. A target of 15451.00 or before that can be sufficient for the day.
Trade smart.
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Nas100 structure has changed it will be bearish and rise againTraders, I just want to inform you that Nasdaq100 structure has changed and here is an update. At point X I expect it to fall to point A, the confluence zone respecting the falling channel. Point A will be a liquidity pool, because there the market will meet the diagonal support of the uptrend and the horizontal support. I expect more buying pressure at point A, pushing price higher at least to point B. At point B, we will examine the market more if it will make a new high or fall to point C.
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