SELL NAS100 - OPPORTUNITYLikes and comments if you want more trading setup. Thank you!
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The price seems to go up and
respect the up channel. But we
have a formed resistance.
What's the best decision?
I recommend you put sell limit
to 9435 in case it breaks resistance (SL9572)
If the price don't break the resistance
and go down, I recommend you put
sell stop at 9323 (SL 9426)
I'm going to do some update.
Don't forget to give like.
Nas100short
NAS100 Possible Short on H4 chartAs We Can See, Price Has Been restricted to this long parallel channel (i.e Trendlines) and by the use of my purple zones we can See that Resistance has been respected multiple times, For a Clear indication of a bearish trend the trendline would have be broken, I'm looking to get into a short utilizing a powerful R:R Ratio, however there will be a gap once Market Opens.
NASDAQ Buy trade idea with respect to breakouts!Congrats on our good sell to 8500 parameters as said and even a breakouts further downwards to 8300s.. However now listen to the idea now, We wait for a breakouts from 8500 parameters for a buy up 8700(I'll update in comment box), If that breaks we go even further to 8850 otherwise a sell back to 8500, Please take note. wait for Reversal (candle/patterns) NB; From this point if there's no break upside we go down to 8300. Please if you love my ideas support me with a LIKE, FOLLOW and also share your ideas on this particular pair too. Also always apply proper risk managements thanks!
Nas intraday lookoutWith the higher TF analysis in the back of our minds now, this is what I will be looking for on the 15M TF while looking for possible entries on the 5M and 1M TF.
As you can see we formed a small consolidation on Friday and broken out to the downside. This allows us to what for the retest on these smaller TFs to find a decent day trade on this pair. TP1 and TP2 is stated on the chart as well.
Keep in mind this is not a signal, but just for you to compare your charts with mine and add a bit of extra confluence and confidence to your trading.
Frequent Nas updates will be posted here from now onward as we focus on the pair.
Break above 9000 invalidates short bias and I will be assessing my bias from there.
Keep putting the work in and it will pay off, don't stop until it works and pays.
Have a great week next week guys
Start of the end for Nas100We had an impulse move downward, followed by a deep correction. Leading the common folk to think that the "recession" or calamity is over, but technicals and my belief is that we are going to see much lower prices on Nasdaq.
This recession that is on the rise is about to hit hard and sting the market real hard. However be aware that price can go up and create a double top, but I'll be keeping an eye out on PA to see what it suggests going forward.
Use this in line with your own analysis and trade safe and smart, always protection your capital in this trying times.