amazing few trades taken on Nasdaq today held 760 pips with my analysis
For 3:30 Open, we are looking at buys on Nasdaq if the 11148.3 resistance level is broken and we can hold till: TP 1 (recommended) - 11199.7
Looking at our EMA and current Bear market on gold as well as the Fib levels. We can go for comfortable sells on Gold from the end of the golden zone at 1639.13 down to: TP at 1637.52 TP 2 at 1634.04
If we get to 11199 then we will have a great confirmation for sells as we break the trend line (on the parallel channel) then we have confluence as we will be in the golden level zone **SET ALERTS**
Wait for a pullback to 11039 then take buys to either TP 1 at 11096 or TP 2 at 11148
If the number of jobs released is less than 315k then we can take buys all the way down to 1714.39 (TP 1) and TP 2 is 1719.14
If the number of jobs released is less than 315k then we can take sells all the way down to the start of the golden level zone at 11310.8 If the number of jobs released is over 315k then we can take buy up to 11611.8 (the 1 level on the FIB)
If we break below 11430 then we can take sells to TP 1 of 11400 and TP 2 of 11372 (indicated in the blue horizontal line) - Sell scenario If we break passed 11473 then we can take a buy to TP 1 of 11503 and TP 2 of 11526 and TP 3 of 11572 - buy scenario
Friday is a tricky day on the market but this is a very accurate analysis for buys.
Here is a basic Monday NY open analysis for NFP week, be responsible when entering trades.
Waiting for either a bounce off the trend line or a breakage of trendline and support
This makes it easy and simple for trades to be taken on Nasdaq today and in the future