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Nasdaq PULLBACK seen, Buysetup loading up(RESPECT TO TRENDLINE)!Nasdaq pullback seen after we protected lil profits from our previous buystop due to yesterdays US bank holidays, Still on the road to 10k but as said we must trade the ranges and pullbacks along the way, However now we see a short sell long buy on supports(- Nasdaq had a gap down, this is due to "Apple Inc. doesn’t expect to meet its revenue guidance for the March quarter because of work slowdowns and lower smartphone demand, showing that the corona virus outbreak in China is taking a bigger-than-predicted toll on one of the world’s most valuable companies" ), However if the support is broken, we see more sell to 9442/400 parameters then a sure buy hence MAJOR Bullish trend isn't broken. Please comment, like and share your ideas on this particular pair too. thanks!
OANDA:NAS100USD
by NAS-KING
1
NASDAQ respect BULLISH trendline OR BREAKOUT!!?Congrats on our massive buy stop breakouts @9475 to Tps parameters(9500+) from previous post respected analyses as said. However Now NASDAQ break new highs and a point of retract or break, we expect a bearish pullback inside before the bullish trend continuation, However if NASDAQ breaks top trend line, were in for a new trend in the NASDAQ market since 1998.. So i believe it would respect trend line and pull in back for corrections. Please also comment, like follow me and share your ideas on this particular pair too. thanks!
OANDA:NAS100USD
by NAS-KING
2
NAS100 Next Move PredictionThe long awaited drop finally came into play last night, after a long day of a choppy market and trading side ways, we have finally gone bak to test the major support on 916X Region, which has faired pretty well. Confluences taken into consideration 1) EMA Currently above current market price. 2) Shooting Star on daily time frame. 3) Multiple Trend lines aligning, creating paramaters to work within NAS respecting the ascending trend line, i predict a further drop past the current current support and a potential long swing. The only concern with regards to news, which might push it further down is regarding the Coronavirus which is now widespread and have investors on their tip toes.
OANDA:NAS100USDLong
by PipsInMyBoots
4
Target Hit, Will it Reverse?My target on the Nasdaq (9144) has been hit and now the question is, will it reverse? The big thing to look at here is the momentum at which the Nasdaq has rallied. Since late September last year, it has been very strong with little to indicate a change. This makes me hesitant to start looking for the shorts right now. I am however going to pay attention to this level and see whether there is strong supply and whether I begin to see signs of a reversal. I will only look at short triggers after the Daily reversal has confirmed. This could present really good targets to the downside. Happy trading! Linton White JP Markets South Africa
OANDA:NAS100USD
by Linton_White
1
Nasdaq on 1hr(Sell)Congrats on our previous successful buy to resistance...So Head and shoulders formed and resistance rejected...So therefore reversing for a sell to supports(Pink rectangular shade) Then a probable buy to continue the bullish trend...However if 8680 @Supports is broken they'll be a massive drop to setup a buy during the NFP this week. But stay tuned for future updates.. _If you like my ideas and do take the same trade like i do, please write it in comment and drop feedback so we can manage the trade together._
OANDA:NAS100USD
by NAS-KING
3