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Nas100long

NAS100: Reaching the Top of the STRUCTUREHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the NAS100, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: Since November 2021, this market has been following a strong bearish momentum, moving inside a descending channel. At the beginning of October, it bounced on the level around 11000, trying to breaking it a couple times, forming at the same time a expanding structure, which it can be both continuation and reversal pattern, depending on where it breaks. Eventually, recently, the market sharply broke the structure to the upside, getting bullish momentum. Considering the top of the dynamic trendline close to the current price, we would not enter and hold any position, because the possibility to reverse are still quite high! When, where and why would we step into the market? Before planning a long position on this market, we will be waiting for a full breakout of the HTF structure, looking if there will be further bullish price action to confirm our overall bias. As you can see on the chart, we won’t be looking for a little LTF correction, but more a deeper and complex structure within structure to correct the current strong movement. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
OANDA:NAS100USDLong
by Cybernetics_tl
22
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.🧅
OANDA:NAS100USD
by MLGONION
Nas1oo BullishLooking for a sell setup in that red area just above where price is currently at. I want to see Tuesday create the low of the week, Tuesday or Wednesday Then get that expansion to take out short term high. The Long I will look to take below Monday's Lows... in that bit of imbalance just above 50% of the weekly range. I am assuming that the current weekly range we are trading in as of now will not hold and the agenda is to take buyside stops before running lower for the market crash.
FX:NAS100Long
by New_Levels