DAILY
18346, is our beautiful price of interest. We peak above and just below it. There it is a point where we will determine our next move. 18000, being the bounce price and now we are heading to our price of interest. We are anticipating a high yield tomorrow but we are not certain it won't fake out few times before the certain direction.

4H
Double bottom and finally price has brought itself up to where the previous strong impulsive candle started, 18255. Which shows just how strong the bears pushed the bulls over the hill. Stay watching and waiting.

1H
High highs and high lows but now we get around 18250 and we slow down again (resistance), we possibly could just melt again here before coming back up. Candles as well have short bodies and short wicks, indicating a high reversal chance.

-Nas consolidation does not usually last long because there is volumes of volatility always.

15Min
Break of 18210, I will look for sell opportunities
Chart PatternsG-CAPh1NASDAQ 100 CFDnasdaqnasdaq100ngwanemoneytop100Trend Analysis

Related publications

Disclaimer