NAS100USD ( TRADING ABOVE DEMAND ZONE ) ( 4H )NAS100USD
HELLO TRADERS
Tendency , the price is under bullish pressure until trade above demand zone .
TURNING LEVEL : the price of turning level around 19,532 , indicates the price trade above this level reach a resistance level , but if breaking this level reach a support level .
RESISTANCE LEVEL (1) : around 20,078 , for reach this level will be stabilizing above turning level .
RESISTANCE LEVEL (2) : around 20,383, for reach this level will be above resistance level (1)
SUPPORT LEVEL (1) : support level at19,227 , for reach this level will be breaking and stabilizing below turning level .
SUPPORT LEVEL (2) : support level at 18,954 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : the price retest 19,532 , before rising .
TARGET LEVEL :
RESISTANCE LEVEL : 2,420$ , 2,442$ .
SUPPORT LEVEL ; 2,365$ , 2,337$ .
US NAS 100
NASDAQ Faces Volatility Amid NVIDIA and Geopolitical Tensions Technical Analysis: Impact of Earnings Season and NVIDIA Situation on NASDAQ
Next Outlook:
The NASDAQ may break its barrier and stabilize below it due to the adverse situation with NVIDIA and prevailing geopolitical tensions. This makes the trend in this area particularly sensitive.
Bullish Scenario:
For a bullish trend to emerge, the price needs to break above 20,085, targeting a move towards 20,385.
Bearish Scenario:
As long as the price trades below 20,085, it is expected to consolidate between 19,845 and 20,085. A break below 19,845 could lead to a drop towards 19,625 and 19,530.
Key Levels:
- Pivot Line: 19,845
- Resistance Levels: 20,085, 20,385, 20,540
- Support Levels: 19,625, 19,530, 19,100
Today's Expected Range:
The price is anticipated to fluctuate between the support at 19,530 and the resistance at 20,385.
NAS100 Technical Analysis and Trade Idea👉🔍 In this video, we analyze the NAS100. It's evident that US100 has been showing bearish momentum in recent times. However, I anticipate a retracement as it has traded into a key support level. My strategy involves monitoring the 5m chart for signs of sideways movement and a potential reversal, which could present a scalp/day trade buying opportunity targeting the previous bearish imbalance.
It's important to note that these observations are speculative and not a definitive forecast. Confirming specific price movements is crucial before considering any buying or selling decisions, as elaborated in the video. The video provides a comprehensive analysis of the current trend, market structure, and price dynamics. Remember, this educational content is designed to enhance understanding and does not guarantee outcomes. Trading inherently involves substantial risks, so employing robust risk management techniques is essential. 📈🔔
NASDAQ THOUGHTS 18-JUL-2024Hello everyone! Please find my NASDAQ analysis for today below. As a price action trader, I encourage you to compare your charts with mine and use my insights to enhance your skills. Please note that these videos are meant for educational purposes only and should not be considered as trading signals. My goal is to help you learn and become a proficient trader.
NASDAQ THOUGHTS - 17-JUL-2024Hello all, Kindly see my NASDAQ thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
NAS100USD ( TRYING TO REACH A ORDER BLOCK ) ( 4H )NAS100USD
HELLO TRADERS
TENDENCY : generally the price stabilizing above turning level , indicates is under bullish pressure
TURNING LEVEL : the price between 20,387 and 20,217and called a FVG , as long as the price trading above this level reach a resistance level , breaking this level trying to touch a support level .
PRICE MOVEMENT : the price in previously reach a first resistance level at 20,387 , currently price stabilizing this level , my goal resistance level at 20,703 .
PRICE ACTION :
LONG CONDITION : have two cases to rising for reach a resistance level , first case the price retest a 20,387 before reach a resistance level at 20,703 , second case price retest 20.217 , before rising , if the price breaking order block at 20, 783 reach a new resistance level at 20,929 .
SHORT CONDITION : if the price breaking turning level at 20.217, stabilizing below this level reach a support level at 19,810 , then breaking a supply zone reach a next level at 19,405
TARGET LEVEL :
LONG CONDITION / RESISTANCE LEVEL : 20,703 , 20,929
SHORT CONDITION / SUPPORT LEVEL : 19,810 , 19,405
USNAS100 / Bullish Momentum Amid Earnings SeasonTechnical Analysis: Bullish Momentum Amid Earnings Season
Next Outlook:
The Nasdaq maintains a bullish trend as long as it trades above 20085. Stability below 20385 may trigger a retest down to 20085, whereas stability above 20385 indicates a potential push up to 20725.
Bullish Scenario:
As long as the price trades above 20385, targets are set at 20540 and 20725.
Bearish Scenario:
The price needs to stabilize below 20385 and close a 1-hour or 4-hour candle under this level to target 20085. A break below 20085 would open the path to a bearish zone, aiming for 19845 and 19625.
Key Levels:
- Pivot Line: 20385
- Resistance Levels: 20540, 20725, 20900
- Support Levels: 20085, 19845, 19625
Today's Expected Range:
The price is anticipated to fluctuate between the support at 20085 and the resistance at 20725.
NASUSD100 ( UNDER BULLISH PRESSURE ) ( 4H )NAS100USD
HELLO TRADERS
TURNING LEVEL : around 20.542 , the price stabilizing this level indicates active resistance level , if the price breaking this level trying to reach a support level
PRICE MOVEMENT :
ACTIVE RESISTANCE LEVEL : know the price trade above 20.542 , indicates active this level in my opinion , the price it will attempt to reach a turning level after touch a resistance level around 20,703 , then breaking this level trying to reach a historical peaks around 20,906
ACTIVE SUPPORT LEVEL : this level become active when the price breaking a turning level at 20.542 , which is what make it reach a support level at 20,219 , then by opening 4h candle below this level reach a 19,978
TARGET LEVEL :
TENDENCY : 20.542
RESISTANCE LEVEL :20,703 , 20,906
SUPPORT LEVEL : 20,219 , 19,978
NAS100USD Is Bullish! Long!
Please, check our technical outlook for NAS100USD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 19,781.5.
The above observations make me that the market will inevitably achieve 20,661.5 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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