a break above and a retest is a great buy and a break below the trendline is a sell.
a break and retest of the green line will set us long targeting yesterdays high. a failure to break and second retest below 9286.7 we going to short.
Market have to close below the opening today to give us an opportunity to go long tomorrow.
Look for Price action signal on the level and use other indicators to confirm the move
look for a rejection ,inside bar , doji or engulfing candle on the green highlighted zone to buy back to the current high. a break and a retest of the zone buy to 9000
break above todays previous high , a retest will be a great setup for short term Long
weekly created a fakey set up with two doji candles for the previous two weeks , a likely outcome would be for the recent doji to be filled at 50% then look for a possible short. that will be a retest of the trendline as well. Patience is Key!
Previous high taken out and the market coming back for a retest. a doji closing on H4 will be a great price action signal candle to set us up for a buy. GoodLuck on the entry
A break below and retest below the channel will signal a good sell , a bounce and a good price action candle (pin bar and 50% retest of the it) it will indicate a good buy....
A retest on the trend-line and break of the triangle gives the opportunity for the two weeks high before the possibility of a Long term-short. A gap to retest the triangle would be ideal for a short-term Long.
Nas has been bullish for months now with bears trying to enter the makert in critical levels on weekly and daily. Last week was not different with a bearish inverted hammer on weekly and one on daily. this is an opportunity for bears to look for short term shorting position.