Nasdaq Thoughts 06-Aug-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
US NAS 100
NAS100USD ( FALLING 600 POINT AND BREAKOUT TWO CHANNEL ) (4H) NAS100USD
HELLO TRADERS
Tendency, the price is under down ward pressure , until trade below 17,806 .
Upward zone : In order to see an increase, the price needs to break the turning level at 17,806 , to reach resistance levels (1) around 18,694 , then breaking resistance level (1) it indicates to reach of a resistance level (2) at 19,536 .
Downward zone: Provided until the prices trade below the turning level, it indicates a reach of the support level (1) at 17,320, then breaking this level with a 4h or 1h open candle below is likely to reach the support level (2) at 16,996 .
Corrective level :Price may make a correction at 17,806 , before dropping .
TARGET LEVEL :
RESISTANCE LEVEL : 18,694 , 19,536 .
SUPPORT LEVEL : 17,320 , 16,996 .
NAS100USD (STRONG BEARISH ) (4H)NAS100USD
Tendency , the price is under bearish pressure , until trading below 18,912 .
TURNING LEVEL : the price of this level at 18,912 , so as long as the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) .
RESISTANCE LEVEL (1) : this level around 19,237 , for reach this resistance level the price need breaking turning level , indicates have good selling in this level .
RESISTANCE LEVEL (2) : around 19,638 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1).
SUPPORT LEVEL (1) : this level around 18,481, for reach this support level the price need stabilizing below turning level , indicates have good buying in this level .
SUPPORT LEVEL (2) : support level at 18,239 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE : the price corrective at 18,912 , before dropping .
PRICE MOVEMENT : currently price 18,582 ,my be the price first thing corrective turning level , as long as until the price trade below turning level at 18,912 , it will be trying to reach support level (1) , breaking this level by open 4h or 1h candle above this level , indicates to reach a resistance level (1) .
TARGET LEVEL :
RESISTANCE LEVEL :19,237 , 19,638 .
SUPPORT LEVEL :18,481 ,18,239 .
Nasdaq Thoughts 05-Aug-2024HELLO Everyone! Please find my NASDAQ market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
NAS100 Technical Analysis and Trade Idea US100 👉🔍 Looking at this NAS100 chart, we can clearly see that the price has broken a 4-hour downtrend. There is a noticeable break in market structure to the upside, followed by a significant rally with the US100. It has now reached a resistance level, and I'm anticipating a retracement back down into the 50% to 61.8% Fibonacci levels, where I'll be looking for a NASDAQ potential buy opportunity if the price action described in the video unfolds.
It's important to note that these observations are speculative and not a definitive forecast. Confirming specific price movements is crucial before making any buying or selling decisions, as explained 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 02-AUG-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
NASDAQ to find buyers at market?US100 - 24h expiry
Previous resistance level of 19262 broken.
Short term bias is mildly bullish.
A lower correction is expected.
We look to buy dips.
Further upside is expected although we prefer to buy into dips close to the 19200 level.
We look to Buy at 19200 (stop at 18990)
Our profit targets will be 19550 and 19650
Resistance: 19895 / 20790 / 20965
Support: 18890 / 18440 / 17800
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
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NAS100USD ( BREAKOUT DESCINDING CHANNEL ) (4H)NAS100USD
HELLO TRADERS
Tendency , the price is under bullish pressure , after breakout descending channel .
TURNING LEVEL : the price of this level around 19,114 , as mentioned after the price trading above this level reach a resistance level (1) , yesterday reach target +440pip , may be the price it will attempt to reach this level before rising , but if the breaking 18,956 by open 4h candle below this level indicates likely to reach support level (1) .
RESISTANCE LEVEL (1) : this level around 19,529 , for reach this resistance level the price need trading above 19,114 , indicates have good selling in this level
RESISTANCE LEVEL (2) : around 19,826 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
RESISTANCE LEVEL (3) : around 20,217 , for reach this level it will be breaking by open 1D candle above resistance level (2) , indicates have very strong sells in this level .
SUPPORT LEVEL (1) : this level around 18,627, for reach this support level the price need breaking a turning level , indicates have good buying in this level .
SUPPORT LEVEL (2) : support level at 18,240 , for reach this level will be breaking by open 4h candle below support level (1) .
MY GOALS : resistance level (2) at 19,826.
TARGET LEVEL :
RESISTANCE LEVEL : 19,529 , 19,826 , 20,217 .
SUPPORT LEVEL : 18,627 , 18,240 .
NAS100USD Will Grow! Buy!
Here is our detailed technical review for NAS100USD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 19,516.1.
Taking into consideration the structure & trend analysis, I believe that the market will reach 20,389.6 level soon.
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.
Like and subscribe and comment my ideas if you enjoy them!
Nasdaq Thoughts 01-Aug-2024Happy New Month Everyone! Please find my NASDAQ market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
NAS100USD (BULLISH DIRECTION ) (4H)NAS100USD
HELLO TRADERS
Tendency , the price is under bullish pressure , until trading above 18,956 .
TURNING LEVEL (1) : the price of this level at 19,114 , so if the price breaking this level reach a resistance level (1) , by breaking this level active bullish zone .
TURNING LEVEL (2) : the price of this level at 0.126, so if the price breaking this level reach a support level (1) , by breaking this level active bearish zone .
RESISTANCE LEVEL (1) : this level around 19,529 , for reach this resistance level the price need breaking a turning level (1) , indicates have good selling in this level
RESISTANCE LEVEL (2) : around 20,093 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
RESISTANCE LEVEL (3) : around 20,694 , for reach this level it will be breaking by open 1D candle above resistance level (2) , indicates have very strong sells in this level .
SUPPORT LEVEL (1) : this level around 18,627, for reach this support level the price need breaking a turning level (2) , indicates have good buying in this level .
SUPPORT LEVEL (2) : support level at 18,240 , for reach this level will be breaking by open 4h candle below support level (1) .
PRICE MOVEMENT : currently price 19,107 , have two scenario , first scenario corrective turning level (2), before rising to touch a turning level (1) , then breaking this level reach a resistance level (1), second scenario corrective turning level (1) , to reach a turning level (2) , then breaking this level reach a support level (1).
TARGET LEVEL :
RESISTANCE LEVEL : 19,529 , 20,093 , 20,694 .
SUPPORT LEVEL : 18,627 , 18,240 .
NAS100USD (THE PRICE BETWEEN TWO TURNING LEVEL ) ( 1D )NAS100USD
HELLO TRADERS
Tendency , the price inside two turning level around 19,058 & 18,371 .
TURNING LEVEL (1) : the price of this level at 19,058 , so if the price breaking this level reach a resistance level (1) .
TURNING LEVEL (2) : the price of this level at 18,371 , so if the price breaking this level reach a support level (1) .
RESISTANCE LEVEL (1) : this level around 19,848 , for reach this resistance level the price need breaking a turning level (1) .
RESISTANCE LEVEL (2) : around 20,688 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
SUPPORT LEVEL (1) : this level around 17,047 , for reach this support level the price need breaking a turning level (2) .
SUPPORT LEVEL (2) : support level at 15,811 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : currently price 19,044 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1).
TARGET LEVEL :
RESISTANCE LEVEL : 19,848 , 20,688 .
SUPPORT LEVEL : 17,047 , 15,811.
Nasdaq thoughts 30-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 Is Bearish! Short!
Take a look at our analysis for NAS100USD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 19,044.5.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 18,607.1 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.
Like and subscribe and comment my ideas if you enjoy them!
NAS100USD ( INSIDE DEMAND ZONE ) (4H)NAS100USD
HELLO TRADERS
Tendency , the price inside demand zone it is a sensitive area between 19,116 & 18,776 .
TURNING LEVEL (1) : the price of this level at 19,116 , so if the price breaking this level reach a resistance level (1) .
TURNING LEVEL (2) : the price of this level at 18,776 , so if the price breaking this level reach a support level (1) .
RESISTANCE LEVEL (1) : this level around 19,526, for reach this resistance level the price need breaking a turning level (1) .
RESISTANCE LEVEL (2) : around 20,112 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
SUPPORT LEVEL (1) : this level around 18,236 , for reach this support level the price need breaking a turning level (2) .
SUPPORT LEVEL (2) : support level at 17,811 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : currently price 19,060 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1).
TARGET LEVEL :
RESISTANCE LEVEL : 19,526 , 20,112 .
SUPPORT LEVEL :18,236 , 17,811 .
Nasdaq Thoughts 26-07-2024Hello 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
NasdaqYesterday, the market experienced a strong wave of sell-offs due to continued selling of hedges after expiration and negative reports from Tesla and Google. However, the overall investor consensus remains bullish.
Additionally, positive US GDP data was released today, indicating that economic growth remains strong. Under current conditions, this data will not influence the Fed's decision to start easing monetary policy.
Once the 19,600 level is passed, the local bearish momentum in the market will dissipate, and the initiative will shift to the buyers
NASDAQ THOUGHTS 25-07-2024Please find my NASDAQ market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
NAS100USD Will Go Down! Short!
Here is our detailed technical review for NAS100USD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 19,550.4.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 19,100.0 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
Nasdaq thoughts 24-07-2024Please find my NASDAQ market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
Nasdaq Thoughts 23-07-2024Hello everyone! Please find my NASDAQ market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.