US TECH CASH forum
NAS100USD a squeeze and rising wedge. good morning nas traders, how has the week been?..
NAS100USD First it was NVDA
Now it's the war that will cause the drop...
Sellers look for every reason to justify every single retracement...
Meanwhile...the market just moves in it's simplest form by Making HL's to HH's
NAS100 why is it going up lolNAS100USDAll fun and jokes aside now...I am back at my computer...here is the real scope...
No sells are major trends so the buys are never retracements if you are using the largest timeframe.
So what is going on in the markets right now is what I call the slow climb to victory.
Notice on the charts in this case the H2 that the price made:
1. New Low
2. Then a LL
3. Then a HL
Let's dissect this for a bit:
1. A double bottom was formed at the 100% fib level
2. Right after the next Low forms higher (directly on the 78%)
3. Today another HL at the 61% Level (on the H1 timeframe)
4. Price bought and broke above the 0% line today
5. Also you should have noticed that the price also broke the high of the week
and set a new weekly high
Trend moves will always take more candles to overcome a volatility driven sell...it's just the technical nature of the charts...
This is why it is a marathon and not a sprint...
Patience as we wait for the completion of at least a H23 LH before the week is over.
#oneauberstrategy
#aubersystem
#whywewait
#patience
#zigzagtheory
#auberstrategy
NAS100USD Trend characteristics 101:
Buy = HL to HH's
Sell = LH to LL
In case you missed it, H1 made a low on Tuesday morning at 9:00am
Today it completed a HL to Hh sequence
So if the trend for a sell is LH to LL...
I want a person calling for the market crash to point out the major or larger timeframes making a LH to LL🤷🏾♂️🤷🏾♂️🤷🏾♂️
Please do not tell me the M15, M1, etc.😂😂😂
The larger timeframes set the tone
🎯🎯🎯🤷🏾♂️🤷🏾♂️🤷🏾♂️🤷🏾♂️
NAS100USD You can dislike the content of my posts, however you will not stop me for being my own cheerleader🤷🏾♂️🤷🏾♂️🤷🏾♂️🤦♂️🤦♂️🤦♂️
I worked hard without a single input from any of you up in here...
So if my posts rub you the wrong way... that's on you...
If I never addressed you keep stepping
Free country
Free speech
Not by your rules...
If you don't like it then tough...
It's a tough world deal with it!
NAS100 will this reach 20,900??👀
NAS100 nas100 will drop tomorrow hardNAS100USD Did anyone who was scared of trading because of NVDA noticed that another ATH was created today...
Remember I pointed out that The daily already made a HL last night?
What did NVDA do?
It bought again to another HH 🤷🏾♂️🤷🏾♂️🤷🏾♂️🤷🏾♂️
NVDA is a part of the Nasdaq... correct???
So why would the nas100 be selling and its not making LHs to LL's🤷🏾♂️🤷🏾♂️🤷🏾♂️🤷🏾♂️
Sellers are a special kind😂😂🤦♂️🤦♂️🤦♂️🤦♂️
NAS100USD Nasdaq Sellers are the most ridiculous traders I have ever met...(I used to be one too)🤦♂️🤦♂️🤦♂️
They get exited with every dip the markets make and think it's going to be a free fall 🤷🏾♂️🤷🏾♂️🤷🏾♂️
It's called a retracement...that is how you get your HLs
Keep wishing