/Nq trading in a consolidation range. Inverted head and shoulders reversal pattern formation and consolidation between 14400 and 13900. waiting for the range breakout. I am looking /nq bullish breakout since fed chair powell backed interest rate hikes and also geopolitical war scenario. Anything can happen so trade with tight stops and #Buy Low #sell...
Technically Bearish Structure. pull back offers short term opportunity. very important level holds so far based on monthly and weekly time frame from the march lows. yellow line represents retracement of monthly 38.2 correction. also supportive swing .618 correction. if it breaks below on weekly then12200 will be turn around level. buy and hold for long...
/es head and shoulder formation.4535 act as a highly resistance area break above this only confirms bull market. looking for short on retest of this area. Target: 4450,4200,4025 Support:4250 #Buy Low #sell high
/Nq bounced off sharply from the weekly monthly support level. Now we can expect an upward momentum holds the 14000 support level. Target level :15100. Because of interest rate decision and Russia war news we can expect more volatality. I hope this will be helpful.do follow, like and comment. Thanks!!!
Hello Traders! Market has signaled the bear market correction on weekly chart. It has broken its major weekly support at 4535. Support levels and target: 4330,4160 Next level of support: 4000 Interest rate hikes , earnings , FOMC minutes on 26th so we can expect more downside . Historically Jan, Feb, March months always supports bear market. Thanks!
Hello Traders!!! Nq has broken its major daily support level at 15550. There is a minor support at 15150 level, break below this level will trigger selling pressure. support levels : 15100,14950 will offer support at 200 MA. Again break below this level will trigger 14750 , 14500 and 14350. Buy at major support levels. Be cautious to catch the falling knife. A...
Looking for Buying Opportunity. After the retest of downward channel will gains bullish momentum to make new higher highs potential to move upto 18000
Hello Traders!!! I would like to share my Nasdaq100 analysis on my view point. /NQ expected to move based on the fed interest rate decision and QE tapering. Currently /NQ broke its support at 16150 level on the 4hr time frame. On failure to move higher we can expect selling pressure. Bullish Scenario: I always like the long idea is profitable one. But...
Hello Traders! Today crude oil is trading at the consolidation range to gain upward momentum. price at 62$ offers weekly support. once it breaks the trendline resistance more possibilities to go higher in a bullish bias. first target will be 77$. On failure to break the trendline resistance, then possible downward pressure in action to retest the support areas at...
Hello Traders! Nq is trading at the resistance zone. Bullish scenario - the sustained move above 16040 will have possibilities to resume uptrend and may retest the previous highs 16140, 16400. Bearish scenario - On failure to break the resistance and move below 15850 shifts the trend bearish outlook. downside targets will be 15600, 15100. we can expect pullback at...
1. Head and shoulders pattern formation and neckline breakout 2. retest 3.swing high on retest area will be stop loss and sell high 4.trendline breakout confirms further downside target -15600, 15150. 5.strong support near 15000 -15100 will be the bounce area . based on support levels it will pullback and give downside targets. volatile week.