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NASDAQ 100 CFD

NAS100 AnalysisNAS100 Analysis After a beautiful upward rally yesterday, we are now consolidating in a very important key area where on the daily we can see nas has come up to 12110 many time about 6/7 times and each time got rejected. A break above that level we can see bulls come back in full power but we will know when the day closes tonight. As for today, A break of 12055 will bring us back into our consolidation zone that we broke out yesterday. As for the bulls we need a break out the current trend line to reach 12400 -12500
OANDA:NAS100USD
by Tradeofgrey
NAS100- Daily TimeFrame AnalysisHI Guys, Hope you all had a good trading day yesterday. I will be releasing my daily analysis very soon. Firstly id like you to see what is happening in the daily. It is important to see what is happening in the higher timeframe to be able to execute on the lower timeframes. We have a triangle that has formed and its been respecting this triangle very nicely. We have had couple of fake break outs from this triangle and they were quite a big 300 pip moves but each time they failed and came back in. Now that you have seen this triangle im sure you all see the lower timeframe a lot differently and you have a zone to trade in. Weather you are waiting to trade when it breaks or trade inside the triangle , you have a clearer picture to plan.
OANDA:NAS100USD
by Tradeofgrey
NAS100 AnalysisNAS100 Analysis Will we break 12110 today to bring the bulls right back in?. or break through 11901for a bearish momentum. If we do break 12110 then next target will be 12259, as for the bears 11900-11653. It may come down to find support before going back up. You must understand how to use support and resistance to be able to profit from these analysis. These are key major S/R but there are other minor support and resistance that are not drawn on the chart that you must be able to identify and draw yourself. I dont draw all the minors so people dont get confused with alot of lines.
OANDA:NAS100USD
by Tradeofgrey
NAS100 AnalysisNASDAQ Analysis HI Guys. We are still consolidating on nasdaq. We really need a break soon to know exactly where this is going. I am very inclined towards the sell but anything can happen when market is consolidating. We are still at a crucial point on the daily where is may even break out the triangle and go for new highs. Or it may fail and we may see some bearish movements. We can only plan and prepare and be ready. For the Buyer: 12059- 12218 For the Sellers: 11926- 11786
OANDA:NAS100USD
by Tradeofgrey
NAS100 Analysis Sorry for the late analysis. We have a triangle formed on nasdaq. A break down will take us next to 11980- then we will need a break of 11980 support and the trend line for the bears to continue. As for the bulls- We are at a important point on the daily- We really need a break of 12100 for the bulls to continue. if you have a look at the daily you will see a triangle has formed. It failed to break yesterday and if we go back there again we will see if it manages to break.
OANDA:NAS100USD
by Tradeofgrey
1
NASDAQ Detailed AnalysisNASDAQ Analysis Hello Everyone. Market has been very choppy yesterday and it was same for all pairs. There wasn't much smooth trades. On NASDAQ, We have broke out of our falling channel and it has gone into consolidation. When it does break it our targets are as follow Buyers: First target 11880, If it break here then next key level is 12000 and if it break this then 12127. Sellers: Target is 11345 thats if it breaks out the box down and also breaks out our key level 11550. I use pure price action so my key levels are where i enter or exit. I also draw minor support/ resistance for pullbacks/retest etc. Please make sure when you take trades, you have your confirmations that this trade is going the direction you entered and not fall into traps of false breakout.
OANDA:NAS100USD
by Tradeofgrey
11/11/2020 #NDX looking for further downside#NDX continues to be weak. Consolidation yesterday. Downside risk still exist. Price is now at my orange zone where we can sell from here, but I also factor in a possible deeper pullback to 11672-84 or even 11714-28. These levels aren't far away. You can actually scale in along the way up, if that's your trading style, or watch for reactions off the zones. Downside levels are 11500, 11440-11460 (strong support zone), 11290, 11330 and 11158. If big selloff, 11074 should offer low risk buy level. Above my blue zone, look for 11856 and 11920 for reaction. Not expecting price above that. If 12080 trades today, selling shall be good
OANDA:NAS100USDShort
by FadeMeIfYouCan