NAS100 SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity NAS100 .
I still did my best and this is the most likely count for me at the moment.
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Nas100sell
Nas100 SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity NAS100 .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
NAS100Hey traders, here is the analysis for the NAS100. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
Nas100- Are we done?Nas100 made yesterday a new all-time high just under 12700 zone, the reversal from that point was violent and I think we have a top in place.
Now the index is sitting on the old all-time high support now and a break here would confirm that the break above it was in fact a false one and the index is ready to correct.
My first target for this drop is 11500
NAS hit a top for now?the Nas100 is keen at following bearish divergences (as highlighted), and as you also can see there is a 3 touch bearish divergence here. doesnt look like the fed can hold up this market... we could be very close to a free fall as seen above. pay very close attention to this zone.
Nasdaq where to?The election week was a strong one for Nasdaq, with the price rising and managing to close above 12k.
Now the index is facing resistance and a strong sell zone so we can see the price rolling back to 11k.
On the other hand, a daily close above the previous top would put bulls in control and we can see the technology index making new all-time highs.
That being said, I will look to sell with a tight SL and a 11k target which can have a 1:5 R:R
Nasdaq to 10k soon?Since March, Nas100 almost doubled its value reaching a high of 12500.
Now this resistance is confirmed with a second drop from this zone and it can transform in a double top pattern if we'll have a break of support.
In my opinion, this will be the outcome for Nas100 and I will look to sell rallies.
Only a new all-time high will put a pause on this bearish outlook
NAS100 IS GOING DOWNTOWN! NAS100 Broke through previous daily support and it appears that the market is going to push it to 10500 area which is my next target. I've been catching the shorts since last night and will waiting for this quick retrace to 10500 and then we could possibly be looking at a long from there. It's all about the waiting game right now. Patience is your friend when we're looking for the trend ;)
Sell opportunity on NAS100NAS100 has tested this area multiple times and for some time this area has been an area of buy liquidity
It now seems that the buy liquidity is exhausted, anticipating some good sells going to the downside
Price failed to return and establish itself above the zone in its recent movement, so it shows that price has a higher chance of not returning to its buy movements, making it a high probability sell setup