Nas100short
NAS100 ShortBeen waiting to short this for a while. I originally was going to short from the double top of the previous high pre-corona virus price, but it impulsed out of the zone and just waited for a better set up and these are the possibilities ill be looking out for. For the amount of money being stimulated in the market there is going to be a pull back and now we have passed previous highs and are in unmarked territory. There will be FUD affecting different trade decisions.
Equity Markets Priming for the Big ShortsThis is the NAS100/USD at an extreme high value area at the Bigger Double Top reaching all-time Highs. This may be acting as a False Breakout with a lot of the Equity Markets shaping up in similar fashion. This Larger Reversal Structure here is giving me a great indication of a potential Shorting Opportunity for the week ahead. If this does shape up, i will be taking this position and looking to scale into the move on the way down.
Adopted Equity Markets a lot more recently with a lot of Volatility on Currency due to the worldly circumstances.
MAKE THE BREAK OR FAKE THE BREAK!?Decision time for nas...we are coming to ATH I would be surprised if we didn't test this area before dropping, I am in favour of the big drop as there is only so much printing and tweeting that can be done to keep this over inflated bubble a float. The chart speaks for itself, I would be extremely surprised if we created new highs and carried on... I never rule anything out but in the current climate I see this as extremely unlikely scenario, I can see spikes to get as many people out the market as possible before dropping.
We a currently trading in an extremely tight wedge and approaching a double top which is also at ATH. I have marked the A/B fib zones roughly to where I think price will come before the drop and the C/D waves match up perfectly with our marked zones. Let me know what you think?.
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NASDAQ - US100 - NQ1! - SHORT - H1 - Bearish Reversal Double TopNASDAQ - US100 - NQ1! - SHORT - H1 - Bearish Reversal Double Top
We have a bullish Parallel Channel on the H4 & H1 chart with a Resistance Level at the upper trend line @ 9500.00
With also a double top on the H1 chart with a bearish trend price made a pullback on a imortant level that is now becomed resistance @ 9430.00
We are looking for a short entry on the resistance zone @ 9355 with target @ the 0.618 Fibonacci Level.
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Entry: 9355.00 | Stoploss: 9430.00 | Takeprofit: 9155.00 |
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Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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NASDAQ - US100 - NQ1! - SHORT - H1 - Parallel ChannelNASDAQ - US100 - NQ1! - SHORT - H1 - Parallel Channel
We have a bullish Parallel Channel on the H4 & H1 chart with a Resistance Level at the upper trend line @ 9500.00
We are looking for a short entry with target @ the 0.382 Fibonacci Level.
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Entry: 9490.00 | Stoploss: 9540.00 | Takeprofit: 9290.00 |
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If you like this idea please click the like button to support this channel, thanks.
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Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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SELL NAS100 - OPPORTUNITYLikes and comments if you want more trading setup. Thank you!
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The price seems to go up and
respect the up channel. But we
have a formed resistance.
What's the best decision?
I recommend you put sell limit
to 9435 in case it breaks resistance (SL9572)
If the price don't break the resistance
and go down, I recommend you put
sell stop at 9323 (SL 9426)
I'm going to do some update.
Don't forget to give like.
NAS100 Possible Short on H4 chartAs We Can See, Price Has Been restricted to this long parallel channel (i.e Trendlines) and by the use of my purple zones we can See that Resistance has been respected multiple times, For a Clear indication of a bearish trend the trendline would have be broken, I'm looking to get into a short utilizing a powerful R:R Ratio, however there will be a gap once Market Opens.
NAS100Bearish view - Supply zone has been touched and retested.
Waiting for the NY open to determine the view.
But we entered aggressively because of our supply and demand strategy.
Fundamental news later today for stimulus may push up - if this is the case we trade the upside or investors ignore the sentiment and the downside will be confirmed.
NASDAQ Buy trade idea with respect to breakouts!Congrats on our good sell to 8500 parameters as said and even a breakouts further downwards to 8300s.. However now listen to the idea now, We wait for a breakouts from 8500 parameters for a buy up 8700(I'll update in comment box), If that breaks we go even further to 8850 otherwise a sell back to 8500, Please take note. wait for Reversal (candle/patterns) NB; From this point if there's no break upside we go down to 8300. Please if you love my ideas support me with a LIKE, FOLLOW and also share your ideas on this particular pair too. Also always apply proper risk managements thanks!
Nas intraday lookoutWith the higher TF analysis in the back of our minds now, this is what I will be looking for on the 15M TF while looking for possible entries on the 5M and 1M TF.
As you can see we formed a small consolidation on Friday and broken out to the downside. This allows us to what for the retest on these smaller TFs to find a decent day trade on this pair. TP1 and TP2 is stated on the chart as well.
Keep in mind this is not a signal, but just for you to compare your charts with mine and add a bit of extra confluence and confidence to your trading.
Frequent Nas updates will be posted here from now onward as we focus on the pair.
Break above 9000 invalidates short bias and I will be assessing my bias from there.
Keep putting the work in and it will pay off, don't stop until it works and pays.
Have a great week next week guys
Start of the end for Nas100We had an impulse move downward, followed by a deep correction. Leading the common folk to think that the "recession" or calamity is over, but technicals and my belief is that we are going to see much lower prices on Nasdaq.
This recession that is on the rise is about to hit hard and sting the market real hard. However be aware that price can go up and create a double top, but I'll be keeping an eye out on PA to see what it suggests going forward.
Use this in line with your own analysis and trade safe and smart, always protection your capital in this trying times.