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Zach

NAS100 / Projection & AnalysisHello TradingView! Analysis Information: I believe we're going to see NAS create this new high, from there it's the decision whether it's going to continue up for the rest of the week or close below our new high line and start the bearish takeover for a few days. As we haven't seen one happen in a while, this is something I'm trying to anticipate in my analysis of the current price. Technicals: + Fibonacci Levels + TrendLines + Support & Resistance Zones Fundamentals: Company Profits Trump literally tweeting anything Vaccine trials, testing, news Have a great day everyone!
OANDA:NAS100USD
by UnknownUnicorn5989561
NAS100 / MONDAY OPEN ENTRYGreetings TradingView, As per previous related idea below, we saved our rectums with a mighty bandaid and closed them early or moved our SL to breakeven. We wanted to preserve our capital as we do see a slight retracement, followed by strong bearish behaviour throughout the AU session. New Entry: LONG: 8717 SL: 8567 Pips: 8850 Target: 9602 Much safer. However, in the unlikely event, we do see a retracement from here and bounce back, be prepared to enter above the reliable "IF BOUNCE BACK ENTER BUY STOP HERE" line. Please remember, we're only retail traders, the odds are not in our favor, so we need to do what we can to be smart about protecting our capital. - If we're going to think like this, we should investigate WHAT price does, repeatedly, backtesting and backtesting more until we see similarities from past price movements and using our Fibonacci, trend lines, support and resistance zones we're able to identify where the major hedges come in to play. Not to mention, fundamental news. This impacts NAS significantly and will definitely put off new investors. Yes NAS does appear like a great asset to 'make a lot of moola' but, we need be aware of the risks we're taking for the reward. Don't blow accounts, pile profits. - Zach, over and out.
FX:NAS100Long
by UnknownUnicorn5989561