Ustech100
Ustech (Rising Wedge/Head and Shoulders)Ustech is showing a clear rising wedge on the daily time frame. It is also beginning to look like a Head and Shoulders Reversal Pattern on the daily time frame as well. This one has been really hard to trade over the past year because it keeps making all time highs over and over again. With this being said, I think we could safely open a sell soon and that is exactly what im looking to do here!!!
So when I open the sell, im selling based on a rising wedge reversal pattern, and what looks to me like a small head and shoulders pattern on the daily time frame.
Bankers Candle strategy on NAS100Here i am seeing a bankers candle on the 5m and 4h time frame at 2 different locations.
Set my sell Limits and hope for the best.
The Main trend line has been broken and maybe the market will go back up to hit the bankers candle to the pip and if not then im out of the trade anyway. No harm no foul.
NASDAQ 100 WED REVERSAL PREDICTION!Looking for a drop to the downside. maybe a trap/stop-hunt to the upside and then reverse down!
Wait for entry confirmation!
buy nasdaq then sell then buybuy nasdaq then sell then buy
nasdaq is extemely bullish and we will see more new levels my chart giving me 15600 level in the near future
DON'T get wedgied! Peak excitement on Friday - as retail traders pumped various markets with billions in cash. This was alongside institutional traders who had been bailing out.
Well, retail won a significant limb of this, from the bottom edge of what now looks like an ascending broadening wedge following a major bullish drive. Biden echoed the FED's mantra on transitory inflation in the last few days. That seemed to be a signal for retail traders on the apps to dive in.
Ascending broadening wedges after long bull drives north, are usually a signal of weakness. Just to be clear (and read my disclaimer below), this does not mean that the market will crash now. Price could move significantly up and whipsaw the top of the wedge before heading for the moon! 🌛
This wedge formation creates probabilities. Probabilities exist in minds. The probability estimate based on this snapshot (right now), is for a significant correction. This is not advice! This is opinion - a very different thing to advice.
How probabilities work : If 'you' estimate there is a 51% chance of a correction, that leaves a 49% chance there will be no correction. A lot of novice traders forget about the lesser probability, which does not favour their mindset.
There are other silent probabilities adding up in the background (DYOR): 90 year economic cycle, coinciding with 20 and 10 year cycles - and we're not out of the woods with a major pandemic. We are at year 11+. Some say 'cycles mean nothing'. Everybody is entitled to their own belief. I think these are dangerous times to be throwing money into the market going long.
If you are about to short this position, you have to have money that you can afford to lose. Read that again. If you can't lose money, stop trading - instantly!
Alternative reasoned perspectives are most welcome.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
can nasdaq go down to 14280 gap?i dont say it 100% will go down , but technical say if trend and day low break,nasdaq can see 14280 then fly up
if you have buy,put sl in today low,,,break low can give nasdaq wave 2 of crash
put buylimit in 14280 too with sl=14200
NASDAQ 100 DOWNTREND REVRSALExpecting a double bottom after the breakout from consolidation, reversing to the upside.
USTECH100 HUGE RSI Divergence on Weekly chartHello,
We have a huge rsi divergence on weekly timeframe for WHSELFINVEST:USTECH100CFD that probably indicates us a retest of the support zone at the 14085 level.
The pattern that is configured is W with retest of the neckline, a healthy movement of correction that could subsequently lead to higher levels.
The operations that can be followed are 2 :
Short with take profit in 14085 area or wait for the market to retrace on the highlighted level to enter long in view of 15 K .
Be careful next 2 weeks is earning season for most tech companies.
Not a fianancial Advise.
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nasdaq in friday can go up as we predict in yesterday ,nasdaq go down today
now it have 2 target in up , fibo 61% and 161%
good company earning news can fly up nasdaq to fibo 161% even 261%
advice= looking for buy above low with tp=161% ,,,,dont pick sell witout sl ( never remove sell sl on gold ,dax,dow,sp500,nasdaq ,,,they love + trend ) if you have sells put sl (or hedge buystop) on high 15000
long-term view=nasdaq in way to 17000 then 20.000 , this dont mean crash not comes but big money buyer target is 20.000 !!! (until reach 20.000 we will see 2 big crash near 10% 1400 point ) for this looking for buy in deep is good stratgy
NASDAQ (NAS100) USTECH100 SHORT!Price overbought and with my analysis I am personally looking at sells!
My SL and tp are in the picture
wish me luck guys
Dan
@FOXFOREXOFFICIAL
NASDAQ(USTEC) SHORTprice has reached a significant level and it has broken out of a rising wedge.
i expect price to fall around 14600.0
This is not a Signal Service.
NASDAQ 100 TUESDAY REVERSALWaiting for reversal or channel trendline to break and drop to the downside.
The Magic Number Is 618Up to the 1.618, maybe stroll around a bit, could even see what's above at 15200-15300, but not for long. We have to regroup at the bottom of the path if we want to safely journey higher. 13880 would be a great target, but trend support around 14300-14400 is important to watch.
Big Tech Earnings this week could have it run to that 15200s range, but could also be the catalyst that brings it to 14400 and possibly then 13880.
NASDAQ 100 TUESDAY LONGExpecting new highs after previous high gets broken
wait for re-test or pullback.
NASDAQ 100 STILL GOING LONG!If Nasdaq 100 breaks over-all-high/last week high, expect more buys to the upside.
