Expecting support at 19900 - 19875 zone to hold price for a bounce up to 20075 -20125 Resistance zone.
19775 is a support to Ride towards. We are likely to battle the ….75.00 levels on the chart. We had a strong end of month Bearish close with a 370 points drop. Red news folders will be a great catalyst to reach this level.
Looking for a Quasimodo play. A head and shoulder formation at 20,115 and a 100 points drop. We might see that end of month drop with High impact news as a catalyst .
Liquidity waiting to be grabbed at 20,000 and 19,950. With 20,100 to 20,200 acting as Resistance
1.07300 holding as support. There has been a liquidity grab of yesterday’s low on the 15 minutes time frame. We can play it for a 1:3 move from entry 1.07300 take profit1.07600 using stop loss 1.07200.
19730 holding as a level of support . We can have a 100 point rally to 19830 then expect some pullback /retest of the rally breakout zone then likely continue to 19930. That’s how I’m trading NASDAQ today. We currently have a liquidity grab and we have FAIR VALUE GAPS. Which love to get filled
20250 -20300 holding as a Resistance Are. We currently have a double top formation.we might as well get a triple top formation when some volume comes into the market to grab some equal high liquidity. We can then expect a 100 points drop. Stop loss above highs. Remember today is a US holiday. Slow markets.
20250 -20300 holding as a Resistance Are. We currently have a double top formation.we might as well get a triple top formation when some volume comes into the market to grab some equal high liquidity. We can then expect a 100 points drop. Stop loss above highs. Remember today is a US holiday. Slow markets.
Resistance @ 20250- 20300 Area using the September contract for Nasdaq. We can expect a 100 points drop . We had an initial drop creating a supply zone with an imbalance/Gap That loves to get filled. Price is currently retesting that gap. Exactly where I’m having my entry. Stop loss above the high. Let’s go
If there is enough momentum in the market we can extend our drop for a 200 points move. From 19730 area to 19530 area. Otherwise grab a 100 points and bounce.
If there is enough momentum in the market we can extend our drop for a 200 points move. From 19730 area to 19530 area. Otherwise grab a 100 points and bounce.
We can expect a 100 points drop from 19,720 to 19620, due to the Resistance at 19700 -19750 zone and the formation of A Quasimodo pattern / Head and Shoulder formation. We have resting liquidity/A pool of a money sitting at 19600 -19500 zone waiting to be grabbed/ Raided. Rinse and Repeat. We are having a Playbook setup
Resistance at 115 we can expect a head and shoulders formation at this Zone-support at 114 liquidity will be a good driver to attract price down
104.700 Resistance hence expecting a Head and Shoulders formation. Demand /Support or Liquidity resting at 104.000
Gold Breakout Rally from 2310 to 2330. Support at 2300
BTC consolidation Breakout Rally from 67,000 to 68500. There is support at 66,000
Market creating a Resistance/Supply Zone at 19,650 -19,700 area. Expecting price to pullback into that zone to retest the zone to create a Quasimodo /Head and Shoulder Pattern. The presence of Bears at this zone can push the market down to Demand zone/ Support at 19,500-19450 area created during the All Time High Rally.
Price 1.07400 bouncing off at support Area or demand Zone if you will 1.07400 we can expect a 50 pips move to the upside