Bullish Setup on Nas100. A break of that bullish pennant will signify mor3 bullish overruns
Daily bias, Break of structure, O.D ,Fibbanocci retracement. the four main confuences i use before executing any trades on the markets.
A short video on how to determine the daily bias, watch the video as i explain in detail on how to determine your daily bias.
Too many confluences on nasdaq, it broke trendline and retested it + thus retesting fibanocci golden zone. and a highlow has formed @15390.00 acting as a strong support. its heading to create new higher highs @15750.00
NASDAQ broke counter trendline and reteted it. waiting for a clear bearish rejection @ fibanocci golden zone.
nasdaq has been stuck in a consolodation range. a break of trendline plus m.a cross will push price down.
NASDAQ is still bullish, markets broke the T.L. um looking for a retest at support zone 15020.00. A retest of that zone plus T.L retest is enough to push us back up to create new highs at 15200.00
Nasdaq has been stuck in a range. if it breaks resistance 13855.00 it'll push higher to create new highs at 14000.00. whilst on the bearish side if price breaks the counter trend line. it'll head towards the next level of support 13666.00 to 13530.00
With dollar strength, um expecting a major decline on gold. if price breaks the C.T.L it'll retest it for a push downwards. or a lower high will be formed thus expecting a lower low.
With dollar strength coming up. um expecting a bullish trend reversal since market broke the counter trend line, and its thus retesting on the C.T.L for a push up. or a formation of a higher low, thus expecting a higher high to be formed.
THE dollar pound has overbought in price, thus closing in a higher high formation, taking out the previous higher high, now um expecting a bearish meltdown on creating a higher low inside this bullish channel. or a break of the channel for a reversal in trend
AUDUSD is about to retest the golden zone, so um expecting a bit of rejection in that zone\rightaway
USDCAD has retested the Fibanocci golden zone, thus about to close a higher low, so um expecting a new Higher High
Expecting a lower low to be formed
A major Resistance has been breached, looking for a rejection
Dollar is gaining strength, thus retesting the Fibanocci golden zone, expecting a new Higher High to be formed. USD###⬆️⬆️⬆️ ###USD⬇️⬇️⬇️ @dapmarkets_SA @tbraketakur
Dollar is gaining strength,thus retesting the fib zone and now headed to create a new Higher High