NASDAQ - US100 two possible scenarios
If you like the idea, do not forget to support with a like and follow.
on H4: NASDAQ is currently trading inside this giant symmetrical triangle in orange.
SHORT-TERM: this one is now sitting around the upper orange trendline so we will be looking for sell setups on lower timeframes (M30 and H1)
and we will be looking for buy setups as price approaches the lower orange trendline.
LONG-TERM: we will be waiting for price to form a third swing around the upper orange trendline to consider it valid and then enter buy after a momentum candle close above it.
and we will be waiting for a new swing to form around our lower orange trendline and then sell on its break downward.
Good Luck!
on H4: NASDAQ is currently trading inside this giant symmetrical triangle in orange.
SHORT-TERM: this one is now sitting around the upper orange trendline so we will be looking for sell setups on lower timeframes (M30 and H1)
and we will be looking for buy setups as price approaches the lower orange trendline.
LONG-TERM: we will be waiting for price to form a third swing around the upper orange trendline to consider it valid and then enter buy after a momentum candle close above it.
and we will be waiting for a new swing to form around our lower orange trendline and then sell on its break downward.
Good Luck!
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.