US30 and 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.
Nas100long
NASDAQ to infinity and beyondYou are looking at the 1h chart of the NDQ.
Based on my EWC it looks like this pullback is just another bullish retracement which could find support.
We started pulling back after reaching 1.618 (iii) vs. (i) which is the most common fibonacci target for third waves.
Questions are ALWAYS welcome, trade safe!
NAS100
nas100 as we looking 3 hour time frame key level breaking 13381,
muttiple channels place channel, price tested level volitality is simply where the market want facilitate trade trades over great number of prices there so maney reason markert maker not willing to provide the same amount of liquidity at each price. what that should make you recognise is mistake people all the time saying volatality implies trend it does not ok market can be normally distributed but very volatile all it means is that we trading over greate number prices how much effort are the buyers and sellers putting borth things in their own means something create opportunity how much response is coming from the othere side .
Nasdaq -> Bulls Are In ControlHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is actually approaching a quite obvious previous weekly support/resistance zone at the $13,500 level which is now turned resistance once again.
You can also see that from a weekly perspective, market structure is extremely bullish, moving averages are also bullish and we just recently broke above and retested a previous weekly resistance which was then turned support so from a weekly perspective I simply do expect a deeper retest of the next resistance at the $13,500 before I then do expect a short term rejection towards the downside.
On the daily timeframe you can see that with today's candle, Nas100 is finally breaking above a previous daily strong resistance area so market structure is now bullish again - I am just waiting for a little bit more upside, then a retest of the previous resistance which is then turned support and then I do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Nasdaq -> Short Squeeze ComingHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 just recently perfectly broke above and with last week's candle already retested and rejected a quite obvious previous weekly resistance area at the HKEX:12 ,800 level.
You can also see that as we are speaking, Nas100 is approaching the next major weekly structure area at the HKEX:13 ,600 level which was acting as quite strong resistance in the past, so from a weekly perspective I am now just waiting for another rally to retest the next resistance before I then do expect a short term correction towards the downside.
On the daily timeframe you can see that with Friday's candle, the Nasdaq perfectly broke and closed above a previous daily resistance area at the HKEX:13 ,100 level - all of this previous resistance is now turned support so I am just waiting for a retest and bullish confirmation before I then do expect another impulse towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
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 rise to monthly resistanceInstruments : NAS100
Possible direction : Bullish
Technical Analysis : On the daily Price has just broken out of bull flat after liquidity grab, 4h has just grabbed liquidity from the support. Monthly and weekly long term bullish pattern may drive NAS100 to month resistance zone.
Possible trade recommendation : Bullish
Fundamental : Negative CPI has driven NAS100 to the upside
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Nas100 Long (Best Entry) 🔥Strap up, enter your buys and swing this analysis. Use proper risk management and do not risk more than 2% of your account if you have an account below $100. If you are a Pro Trader and you have a big balance, do not risk more than 20% of your account.
My positions are at: 12920
First TP: 13200
Second TP: 13700
🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
LOOKING FOR A BUY ON NAS100NAS100 Has been bullish for all of last week, so I expect the 1st half of this week to still deliver bullish price. I would love to see a retracement to where price broke from on Friday and break the most recent high created. Let me know if you see something different or to be part of my community.
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.
Nasdaq -> Time To Start The RallyHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is looking insanely bullish. We just recently created a weekly double bottom and already broke above the neckline, confirming this whole pattern.
You can also see that we are already starting the continuation towards the upside, in my opinion there is a quite high chance that we already saw the bottom of the bear market so from here I just do expect more continuation towards the upside.
On the daily timeframe you can see that Nas100 just recently also created a daily double bottom so I am now just waiting for a retest of the neckline and then also the next push on the daily timeframe.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NAS100 remains bullish and bulls are matching higher!Hello traders,
Nas100 is moving according to how I predicted in my previous ideas. Finally today, the index broke above the falling wedge. At this point, I predict a strong impulse to the upside and bulls may first target the February 2023 high of 12883 and possible reach to the August 2022 high of 13700. We also need to take in consideration that the index printed a triple bottom on higher timeframe and this needs fulfillment. It's also important to keep in mind that the market can change structure especially when we are faced with Fed rate hike in few days. With that in mind we want to carefully observe how the market will react to this event next week and adapt accordingly when we see a change in price action. Otherwise, as I stated it in my previous ideas, I am very optimistic with the bullish momentum and bulls may want to use this moment to flex their muscles.
On higher timeframe, I noticed a formation of a triple bottom as shown on the snapshot below. The index broke the neckline, we saw the retest of it and bounced up strongly from the zone.
13 March 2023 Idea (Link below)
14 March 2023 Idea (Link below)
Have any thought or different view on the index? Be kind to share your opinion in the comment section below.
Trade smart!
NAS100 |Demand zone remains intact, watch out for CPI data!As I stated in my previous analysis, NAS100 has reached a significant level, a demand zone where price reacted a number of times in the past acting as both support and resistance. We noticed a spike to the downside through the support level during yesterday's trading sessions which only ended the day with an indecision candle. I believe buyers would not give up so easily in defending the demand zone. We also need to consider that CPI data is set to be released today and this will definitely act as a catalyst which will impact price action. In spite of everything, my bias still remains bullish, unless we see a clear violation of the demand zone.
In the event where my bias will meet clear bullish confirmation for entry on lower timeframe, I will consider taking long positions with two targets in mind, 12463.0 and 12726.1.
I encourage everyone to do their own analysis and not take my word for it and also keep in mind the CPI data to be release latter today.
Be safe!