It is what it is. Trust your analysis. Good luck with the trading.
This is my analysis of NAS100. These are the sell confirmations: 1. Doble top 2. Double top aligned with Fair Value Gap 3. Currently retesting the neckline of the double top 4. The trendline has been touched 3 times and therefore it is a weak trendline. It will be broken. 5. Please do not follow my take profit positions - when your profits make you smile, close...
1. TL (Trendline) 3rd touch 2. Morning star pattern below support 2. Currently on support 3. Waiting for break of descending TL then retest to confirm the buy Already have foot soldiers in (few entries)
Basic trading. It is what it is. Trade what you see. Selling to previous low
Sell confirmations on 1 HR TF 1. Fair Value Gap retracement 2. Double top aligned with Fair Value Gap 3. If TL broken, another confirmation of a sell. Basic trading, no stress, no complications - trade what you see and not what you feel. Take Profit level - I am holding until Friday, but you can take profit if the money makes you smile.
Sell confirmations on 1 HR TF 1. Fair Value Gap retracement 2. Double top aligned with Fair Value Gap 3. If TL broken, another confirmation of a sell. Basic trading, no stress, no complications - trade what you see and not what you feel. Take Profit level - I am holding until Friday, but you can take profit if the money makes you smile.
Everything explained on the picture. 1. 3rd Touch 2. FVG 3. Possible break of TL 1 + 2 + 3 = Sell
We have reached the FVG. I anticipate a sell from this area until we close the GAP at 20100. Basic!
I will be buying Nasqaq if we break the descending TL. The break is also aligned with a neckline of an inverse H&S pattern. If the break of the descening TL takes place, I will wait of the TL and neckline of the inverse H&S pattern. Basic analysis.
Flag pattern. Sellers stepping in. Selling opportunity. Back to the basics!
Break of 1HR TL, retest, long. Basics. No greed, just trading to the gap. Monitor SL and let the trade breathe.
Simple analysis. Back to the basics. Inverse H&S pattern. Waiting for retest and then going long.
The market has been forming HH and HLs. Just follow the trend. Yes, there appear to be a support break which is going to make people sell - that break is a fake out. The market is bullish.
GER30 never retested the previous resistance which now support
Nasdaq needs to close the gap at 18350. I am already on this sell as previously published. I just added a new entry on a different trading account. Now its time to delete my MT4 and download it again on Wednesday next week to check profits. No need to watch this trade.
Nasdaq has not closed the gap at 18350.00. I am going short whole week.
Closing the gap. Then we go long. Manage your risk.
Selling Nasdaq to close gap on 19100 then continue again to the upside to 21000. Swing trade