Im not sure bullish bearish right now but i see move like this. I do not see power in nasdaq to break resistance which i mark on the chart so i think afer attack this resistance level we wil go back to our support wich make bounce in monday. Lest see its not a recomendation its only my thought guys
I think we will down why? Look sp500 which moment ago makes ath wih very power high rsi. This is no power there so i think sp500 hard down and nasdaq will follow. This is something like wycofać co solidation before bioder move down/correction on big trend. I can be wroga of course this is not and advice. Im going pther sixe than most traders evryone is in long...
Hello i closed my previous longwith las h4 closing witch makes me think about further correction. Somethink like a-b-c then up? Maybe its looks good to me so im showing idea with sl for my next 2 trades. Lets see 3:1 RR and 10:1 RR is great
Hello guys as you can see on the chart we get somepullback almost touching 38,2, and im considering that this can time for long. The main think is its strong support area and im afraid we will no fall further. tell me what do you think.
Hello, my idea is Nasdaq will test 78,6 fibo than we will se a pullback to strong support level. Touching 78,6 can be see as a fakeout with lower high on RSI so after this this price will fall. Lets see if im right or not. Remember this is only idea i can be wrong.
I do not belive we can ho higher maybe a little but not much so im shorting hard. Tomorrow is witch friday remeber can be very big movement on market. I know we have up trend without confirmations to short but my strategy teeling me to short it! lets see. Remember im not advisor im only sharing what i think and what i am do on market now for educational purpose only.
So dax was goin up for 5 days a row and rsi on timeframes from 1 to 4 hours are crazy now,. - We have doji candle - We are on the resistance - Rsi is really high and we got divergency on hours timeframes What i think is like corret move have a big chances to happen with target on the chart.
i waited for this so long lets make bearish pinbar daily today and we are good. My plan for next weeks and months
So if we really had 4h fake out move yeasterday ( we can think about it cause weak momentum yeasterday and now we are going down - no byuing presure) So its my target to teste the untested lvl compare with 1,1 and fibonaci level
We are facing resistance with 78,6 fibo i think correction is possible right now even if we are strong as hell.
This is my Fresh weekend view on Dax index. I thinks this is waht we will se now and truly resistence after breakout support. I love sequetion like this because if you patience its easy to play. This pattern corelate great with whats going on at sp500 index. They moving same expect the fact thats dax making almost 2x bigger moves than sp 500.
Ok guys so for me wee look strong BUT we are facing most OP Crucial resistance and its hard to belive we will crush it without correction, retest of previous resistance. So because for me this level is strong i decided to open short with target on the chart. Share your thought guys, hope it will works. Btw 4h RSI also looks crazy like need some reset.