Joe Gun2Head Trade - NASDAQ rally run its course?Trade Idea: Selling NASDAQ
Reasoning: Has the rally run its course?
Entry Level: 13420
Take Profit Level: 13088
Stop Loss: 13512
Risk/Reward: 3.58:1
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Ustec
A possible Pennant pattern as you can see on the tri-angle line there 4 touches on the top and bottom
Market might move to $12 400 today
Nasdaq 100 What Now Episode 2Hey Traders, today was messy but I pulled through anyway, Look at the new idea I've got. Currently, the VXN is headed for support making the Nasdaq100 bullish. However, don't really know what supports holds. I'll be taking longs till then.
If the 15200 level is retained that would mean something else. Watch to see my bias.
First plan:
VXN chart:
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Lazyluchi..
NASDAQ Price actionIs not supply and demand... chart pattern or harmonic pattern and no indicators :)
i dont use zone, but i use specific level.
i use fibs only to find equilibrium and OTE.
Currently price hovering arround mid level of parent swing, normally price will play in the middle of the range at FOMC week.
Find your liquidity, or you are the liquidity.
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Regards,
by "huntedortobehunted"
US100 (NASDAQ100) NEARS DAILY SUPPORT US100 has hit my expected first target level at 1.618 (14784), down almost 10,000 points from last forecast and has now approached the support zone. We could expect some price consolidation in this zone.
I am now closely watching the price action to lookout for potential reversals or continued break to the downside.
Please check initial forecast below.
Goodluck trading.
US100 LongHello again, US100 has been a top performing stock, don't think tech stocks will take another hit from any omnicron news and it's being brought into range. We need to be cautious because of the weekly close last week so only trade on clear rejection above the level as seen. looking to reject daily 100EMA and RSI hit below 30. Expect to find new highs after rejection but several TP's on the way for caution.
R:R = 2:6:1
GL
nasdaq bullish wavenasdaq is runing upside for a new high i expect to teach that upper channel line on the chart
so we can create sell limit orders between 16264 and 16295
we can face also resistence within the inner trend at 16130
If a fall happen we can set a buy limit @ 15700
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NAS100 - BUY SOONThis is what I see on Nasdaq. Apologies for deleting orders but we will wait on the new H4/D1 candle or price of 15360 (BUY LIMIT) as I want to avoid you guys being trapped within range or stopped out at BE. Our prior BUY STOP at 15500 has not yet triggered but is still valid. We will continue to BUY STOP prior levels given all the way up to a general TP.
Apple to end the week well with iPhone 13 sales opening tomorrow.
CPI, retail sales are all up.
Wait on the new daily candle and or NY open