Mohammed_cassim

Mohammed_cassim

I Have changed my bias If we look at the weekly and the daily we can see LH's and I do believe nas will follow this structure. The broken Tl supports this statement further. Waiting for it to play out. I am also shorting SPX500

Mohammed_cassim

NASDAQ to fall? Nas currently in a descending triangle. we won't know the direction until we see a break within the next few days

Mohammed_cassim

Still think nas is going long to touch the roof one last time before we fall... need to see that retest

Mohammed_cassim

I dont really need to explain whats going on here... it might not happen but i do see it testing that support one last time

Mohammed_cassim

Nasdaq first needs to play out before we take any trades be patient about this one... ive described what i think should happen in the blue box

Mohammed_cassim Updated 

Lmtless_fx... Broken TL Retest resistence easy sells hop on the train we are on insta...

Mohammed_cassim

I see nasdaq broke market structure on the weekly this is indicating to me that nas could short but it still hasn't tested my price tag level so i see a push up then down but awaiting for more info

Mohammed_cassim

78.6 REVERSAL Need i say less of course wait to see if price goes below this level then we can set a buy stop with an easy 1000 pip sl

Mohammed_cassim

We could either see a - A push from current support then break of resisting TL and a continuation up or it respects TL then falls down and plays in the bearish channel on 1H - Or itll break the supporting 1H TL and continue to fall down to touch the 61.8-78.6 fib levels then a continuation up This is my analysis and I will monitor it closely as breaks and market...