NAS100 long from demand zone to 12000!The index made a strong bearish pull back into 11810 demand zone from the February 2023 high. Overall bias is still bullish, from the demand zone I anticipate a short term increase to 12000.
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Nas100idea
NAS100| Will the rally continue? Hello traders,
Looking at NAS100 we can technically tell that the index printed a triple bottom plus a violation of the neckline. The index is trading above the 12000 psychological level which is acting as both the violated neckline of the triple bottom and the new demand. My anticipation is that the index will continue to rise if bulls strongly defend the 12000 key level. We are also paying attention to the Dollar index (DXY), which is currently trading within a falling channel. If we can be able to see DXY making a pull back down to 101, then we will definitely see NAS100 and other indices continuing to rally higher. 13600 is the next supply zone bears will be setting their eyes on. I will continue to monitor price today or tomorrow to see if it can give us a good confirmation to go long.
US DOLLAR INDEX
I would be glad to hear your opinion in the comment section below. Can we expect NAS100 continuing with its rally up?
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS100 possible bullish move!Currency Pair : NAS100
Possible direction : Bullish
Technical Analysis : Price has broken out of the resistance level after grabbing strong liquidity from the support level. Currently price testing the previous resistance turned support and upon rejection, price may continue to rise the weekly 61.8% fib level.
Possible trade recommendation : Bullish as per sketch
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NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS100 top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS 100 daily analysisNAS 100 daily analysis on 1H chart. The overall market structure is bearish and the price has rejected at the resistance level and moving down. This could mean one thing only, to look for selling opportunities more than buying. one can wait for the price to reject at the trendline before selling to the downside.
NS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Nasdaq Analysis 17.11.2022Welcome to the BasicTrading channel.
My name is Philip and in todays analysis I quickly go over the situation which we currently have on Nas100.
I will analyse the asset both from a weekly and daily timeframe to show you the best possible trading opportunities.
If you enjoyed this analysis, let me know in the comment section which asset I should analyse tomorrow.
I will personally reply to every single comment.
Dont forget to smash that rocket and I will see you tomorrow with a new analysis.
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS100USD LongThis index has been forming an ascending triangle after breaking out of the falling channel. I anticipate that it might break out of the triangle and maybe continue with the bullish momentum.
My entry is at 11875, which is entered after the price has retested the zone.
My SL is at 11675, which is below the next major market zone.
My take profits are 12075, 12275, 12475.
The target R:R is 1:3.
Remember, risk only 1-2% of your account!
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS100 and US30 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS100 Oct 1 22🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
NAS100 New Entries + Exits (Best Reverse Strat)My forex course regarding my strategy in full is now AVAILABLE!
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.