Nasdaq 100 Index 2-Hour Chart Analysis2-hour candlestick chart for the Nasdaq 100 Index (NDX) on the NASDAQ exchange. The chart spans from May to August, showcasing a significant upward trend with notable fluctuations. Key indicators include a recent price of 22,861.53, representing a 0.72% increase. The chart features technical analysis elements such as support and resistance levels, highlighted by green and red boxes, and a downward arrow suggesting a potential price movement.
Nsdusdlong
Buy NZDUSD for a test of .6800Hello Sophisticated Traders,
The weekly close is indicating a bullish candle, additionally the break of the 4 hours 200 MA, this is a strong indication of a potential test of .6800, which is also the weekly 200 MA resistance. Therefore, we are looking for a retest of the high as the long-term resistance.
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Happy Trading!
Dr. Lydia Smith
NZDUSD BIG Wu-Tang Pattern forming LONG Term trade.Beginning of W Pattern started around April 20th 2014.
We are currently in the trough of the W center. Looking for a swift downward move before retracing to April 2014 levels.
We've now reached a Double Top on the weekly TF, and poised for the beginning downward move to .6250 area.