Looking at shorting the market today, what will drive the overall direction for all US Stocks is the FED’s decision on inflation, I expect major market movers to push price further down and then spike up if the FED meeting favors Wall Street. Ideal spike up entry would be 13615, so a nice short could give us almost 4000-5000 PIPS.
Looking at taking buys at the retest of TL and then selling on Major and mini TL, Nasdaq is currently at all time highs so it could retrace at any point.
Potential inverse head and shoulders, ideally would like a left shoulder to form so that we can take some buys to the moon!
a bit frustrating how price is just consolidating, looking at these major price for our next big move.
TREND LINE, FIB 1.618 AND IMBALANCE IN PRICE! THIS LONG MOVE LOOKS AMAZING
lets hope price will breakout of this price zone this week.
Here is an update on my plan for Nasdaq, I still feel strongly about price filling prior to heading up but there are also signs of a Bullish flag which would invalidate this analysis, lets see how it goes! :D
Imbalance in price @13500-13530, selling till that zone and with confirmation I'll buy.
This is what I'm looking at for the Nasdaq, similar to the USA30 we have a "W" pattern, waiting for zones before entry.
34180-34230 would be most ideal for longs but with this momentum I don’t think we’ll get that zone, Also looks like a beautiful "W' pattern, I see price going up from buy zone to targets
Massive area of confluence in my buy zone, looks good for a bull run matching the NASDAQ100
With the Crypto market being unstable and bearish - I would assume major Investors and banks will look to investing into gold as it is a safe haven and more stable (for now)
I'm seeing a stronger bull run this week! Will go into more detail in my next analysis why.
Crazy day for both the Crypto Market and stocks, do you know why tech stocks are sinking? Well its because the life cycle and well being of crypto is now related to tech stocks as some companies have adopted crypto into their business, whether its as a means of payment or investment purposes (Example: Tesla) with Crypto sinking a lot of investors and retail...
A continuation of a bull run? Looking at price filling up in my buy zone which I have 2 reasons for validation - previous trend line and 61.8 Fib Trade safely peeps :)
Beautiful recovery after breaking the downwards channel, seeing as there's a consolidation zone as well as a trend line plus fib! That's enough reason to take the trade with full confidence, today is Friday so be careful, hope everyone has an amazing trading day! If you do take this trade the beware of a possible double top at Tp zone 1/2, will be a good area to...
FIRST TIME POSTING A CRYPTO IDEA, I'VE DONE A FEW PERSONAL ONES BUT IF THIS POST GETS SOME LOVELY TRACTION THEN I WOULD BE MORE THAN HAPPY TO DO SOME WEEKLY UPDATES AND IDEAS, MAYBE EVEN SHARE MY PORTFOLIO :')