NAS100 1hr FVG identified. Previous day's low could be taken out and look for MSS to the upside and enter for longs.
US100 trade ideas
US100 ALMOST RIGHTWe got the move perfectly right, only we thought it would happen an hour later for the 15:30 session ;
now it is aiming at a conglomeration of KL and trend limits, meaning it will bounce hard at 15:30 when it finally reaches the limit ;
be advised.
NAS100 View!!Amazon.com
AMZN
rose 6.2% after it reported earnings on Thursday that revealed strong retail sales, boosting profit above Wall Street estimates.
Meanwhile, Apple
AAPL
fell 1.2% as investors worried about a decline in its China sales during its most recent quarter.
Other so-called Magnificent Seven members Meta Platforms
META
and Microsoft
MSFT
also reported earnings earlier this week and warned on AI-related infrastructure costs, dragging the Nasdaq
IXIC
down on Thursday.
NAS100 - Is Optimism Faltering, or a Healthy Correction?20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
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How I see it:
First a correction attempt, then continuation of the red game.
If 19600 confluence of support holds, we might see a short-term bullish reversal.
KEYNOTE:
This is NFP DAY!!, make sure you check your calendar before each session always!
I deeply appreciate you taking the time to study my analysis and point of view.
NASDAQ is Approaching An Important SupportHey Traders, in today's trading session we are monitoring NAS100 for a buying opportunity around 19600 zone, NASDAQ is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 19600 support and resistance area.
Trade safe, Joe.
"US100 Bearish Bat Pattern Signals Potential Trend ReversalIn the US100 market, a Bearish Bat pattern has formed, signaling a potential trend reversal. This harmonic pattern typically suggests that an upward trend may be losing momentum, opening up the possibility of a downturn. The Bearish Bat consists of four legs labeled as X-A, A-B, B-C, and C-D, where each segment aligns with specific Fibonacci retracement and extension levels. When the D point completes near the 88.6% retracement of the X-A leg, it acts as a potential reversal zone (PRZ), indicating that sellers may enter the market, leading to a bearish shift in price. Traders often watch for confirmation at this PRZ to initiate short positions, setting stop losses just beyond point D.
Downside unfolding in NASDAQ 100NASDAQ:NDX has finally started giving confirmation of downmove with weekly negative close and a strong bearish engulfing. We might see a pullback in wave 2/B early next week after which downmove should continue. Watch the video for levels and more details.
Nq potencial bullish flatSeems like NQ is in a Bullish flat formation, that will take another few weeks maybe couple months to resolve.
Still Bullish longer term as long as August low is not pierced!
Long around b (in blue) of 3 (green) to new ATH's... then we'll be looking for signs of bearishness and entry to short for a big 5 waves down!
US100 Trade LogTrade Setup (31/10/2024) - US100 Long in 1H FVG
1. Setup: Enter long within the 1-hour Fair Value Gap (FVG), which serves as a potential demand zone for an upward move.
2. Entry strategy:
- Target: 1:2 RRR.
- Risk: 1% of account.
- Confirmation: Look for bullish reversal patterns, such as a strong rejection wick or bullish engulfing candle, within the 1H FVG to confirm entry.
3. Stop-loss and take-profit:
- Place stop-loss just below the lower boundary of the 1H FVG to limit downside risk.
- Set take-profit at twice the distance of the stop-loss for a 1:2 RRR.
4. Additional considerations:
- Be aware of market-moving news or data releases that could impact US100 volatility.
- Ensure price action within the FVG indicates strong buying interest before entering.
This setup aims to capitalize on potential bullish momentum within the 1H FVG as a support zone.
Beautiful retrace into sellside, great levels to buy fromThere should be a good long happening from this range.
The leg that pushed down is a Judas sell run that never swept any of the 4H highs so all off it is structureless making it easy to be long into the FIB levels ✅
Bearish Bias on US TECHThe Market's Price action has been on a healthy down trend, break of structure to the downside multiple swing lows being broken, the 200 Moving average exponential being broken at around 20,200. I anticipate a retracement or pull back to 20,166.18 and continuation of sells till 19,862 as my profit targets
USNAS100 / NFP With bearish volatility Technically :
The price has dropped precisely as anticipated. It is now expected to reach 19860, with a stabilization below 20008 level likely extending the decline toward 19740.
Bearish Scenario: While trading below 20000, the price may attempt to reach 19860 and 19740. A break below 19740 would pave the way for further declines toward 19520.
Bullish Scenario: Stabilization above 20020 would open the path to 20240. Further strength above this level could create a bullish zone targeting 20420.
Today’s market is expected to be highly volatile due to the release of the NFP, Unemployment Rate data, and earnings reports, which will likely have a strong impact on indices.
Key Levels:
Pivot Point: 20020
Resistance Levels: 20125, 20240, 20330
Support Levels: 19860, 19740, 19520
Trend outlook:
- Bullish above 20125
- Bearish below 20020
previous idea:
US100 Trade LogTrade Setup (30/10/2024) - US100 Long on 1H FVG with Market Open Liquidity Grab
1. Setup: Enter long within the 1-hour Fair Value Gap (FVG) if there is a wick rejection signal on market open, suggesting a liquidity grab.
2. Entry strategy:
- Target: 1:2 RRR.
- Risk: 1% of account.
- Confirmation: Look for a sharp wick into the FVG at market open, showing a liquidity grab and immediate recovery back into the zone.
3. Stop-loss and take-profit:
- Place stop-loss just below the wick low to protect against further downside.
- Set take-profit at twice the stop-loss distance, aiming for a 1:2 RRR.
4. Additional considerations:
- Be mindful of volatility and spreads at market open.
- Ensure wick rejection confirms strong demand within the FVG before entering.
This setup aims to capture upside momentum following a liquidity grab at market open, using the 1H FVG as a support zone for entry.
NASDAQ: Channel Up topped. Opportunity for short term selling.Nasdaq turned bearish on its 1H technical outlook (RSI = 38.742, MACD = -3.920, ADX = 40.192) as it crossed under the 1H MA50. This comes after almost an exact touch at the top of the September Channel Up and while the 1D timeframe has gone from bullish to almost neutral. The last two rejections at the top targeted at least the 1.236 Fibonacci level on the pullback. That is what we aim for on the short term (TP = 20,250).
See how our prior idea has worked out:
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Nasdaq Unleashed -Today’s thoughts: 01-NOV-2024Happy New month Traders. Let’s dive into today's Nasdaq market analysis. Share insights, and potentially spot opportunities for good pips.
NASDAQ 100 Sinks on AI Cost Woes - Full Target Breakthrough HIT!NASDAQ 100 (NDX) Analysis using Risological Swing Trader:
In the 15-minute timeframe, NASDAQ 100 (NDX) demonstrated a powerful bearish move, with all targeted profit levels being achieved in a swift drop. This short trade setup showed significant follow-through as investor sentiment shifted negatively due to concerns over escalating AI expenses reported by Wall Street's megacaps.
Key Highlights:
Entry Level: 20,429.42
Target Levels:
TP1: 20,323.94
TP2: 20,153.26
TP3: 19,982.58
TP4: 19,877.10
Stop Loss: 20,514.76
Context:
This bearish momentum aligns with Wall Street’s close on a lower note as major tech giants highlighted rising costs linked to AI developments. The day's range fluctuated between 19,880.26 and 20,227.19, underscoring the volatility and risk aversion among investors. The setup capitalized effectively on this negative sentiment, reinforcing the bearish outlook.
Summary:
This trade on NASDAQ 100 hit all targets with precision, benefiting from the broader market's reaction to heightened cost pressures in the tech sector. This downward move underscores the impact of macroeconomic concerns on equity performance, particularly in high-cost sectors like AI.
US100 Trade idea Nov last weekWe can see more volatility next week and we can see big moves ahead of election.
Trade with Sl
Mentioned three Scenarios for trading next week.
Nasdaq , Nas100 ideaOKAY, WHAT DO I SEE🤔... where is the magnet🧲🧲🧲
Previous WEEK's high has been taken out❌(buyside liquidity)
Next draw on liquidity ''Tuesday's London session low'' ✔(Sellside liquidity) is @20294.0
the 15min breaker was the only support i could find to support the LONG
ALL IN ALL anything below 20294.0 is an opportunity for a high probability long setup
MY NAS100 LONG IDEA 31/10/2024Direction: Long
SL: 1950-1966
Indicators:
1. MA (20,50,100,200)
2. Trendline - Algo
3. Support and Resistance
4. Fib Level
5. I also use MT5 - Tradingcentral tools
Technical:
1. MA 20 still above 100 and 200 so I believe we still have room for bull run.
2. Red trendline was broken so we have a price drop but I also see a possibility for the price to and breakthrough the green trendline.
3. Price is dropping to a Support zone and I have a confirmation on Tradingcentral tool on MT5.
4. FIB level at golden zone.
5. Tradingcentral tool signaling DECLINE but price is bouncing off of the support area at the moment.
Fundamental and economic:
1. US economic data is looking good we had a bunch of data that negatively impacted the prices but I think these are good retracement opportunities.
2. I use Edgefinder tool which shows me a score of 5 "bullish" on Nasdaq.
3. We are in Q4 and usually this is where we find good setups for long run.
Nasdaq 100 , short for New York sessionThis is only for education purposes
1) i see a bearish trend
2) A fib level
3) Range that was broken bearish
Price hit Daytrading target successfully on NQHello traders,
After building a beautiful set up and waiting from yesterdat for price action to give us a high probability winning trade, price hit target successfully and and moved to our favor as i described. I am really very happy with the trade of today.
Good luck everyone and Happy trading.
