Lazyluchi Trades Nasdaq100 EP 19Been a while here. Took a long/short forex break from trading Nasdaq100 (anger management 101). Anyway, The nasdaq has been in a steady uptrend (from higher time frame’s perspective) but, looking at a lower time frame, all you’ll mostly see is “noise”. That’s where my frustrations came from. It was until I added that weekly that I got the whole picture. So, I’m looking for buys past the previous higher high, and I’ll start selling if my 13499 and 12705 breaks apart. How have y’all been?
Nasdaq100
NAS100Nas gave us a great entry on Friday I did not take the trade but was looking at GU also and was another great opportunity.
I will post if possible on notes for future reference on my methodology.
Moving on to Monday of this week we will be focusing on 4 major things
1. Break of Structure
2. Did BOS leave a FVG
3. Retrace
4. Entry 1:1
during these uncertain market conditions there may be more fake outs so damage risk properly.
Bias : Neutral, until I see major break to the down to the daily SSL or BSL above on candle.
see you at 6 am .
Nasdaq -> Obvious Top FormationHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is currently approaching a quite obvious previous weekly structure area which is now turned resistance exactly at the $13.500 level.
You can also see that from a weekly perspective, Nas100 is a little bit overextended towards the upside and in my opinion we are ready for a short term correction before we will then see more continuation towards the upside.
On the daily timeframe you can see that Nas100 is currently forming a rising wedge formation which is always considered a reversal sign, so I am now just waiting for some bearish selling pressure before I will then enter a short to capitalize on the next dump towards the downside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
US100 14May2023last week the performance of the Nasdaq was in accordance with the analysis, still continuing the bullish trend. the bullish trendline also supports the analysis with a bar movement with a slope of 45 degrees, we take the opportunity to buy next week
Nasdaq levels to watch & potential move. US100 📈Hello guys, Everything is marked on the chart for you like always. Monitor the price's action in the circles to enter your position.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below for me
NASDAQ 1h for Smart money CheckedWhen you look at a one-hour timeframe chart, you see a large number of order blocks, and for each one, with proper planning and observing Wyckoff patterns, you can create a good plan. Sometimes, due to rapid growth or decline and not recognizing the pattern, we don't enter into these types of positions. So, recognizing the Wyckoff pattern significantly helps us trade in the right direction.
Yes, recognizing Wyckoff patterns and proper planning can help you trade more effectively and confidently in financial markets. Wyckoff patterns identify price and volume patterns in the market and allow you to determine the optimal timing for entering or exiting a trade.
Recognizing Wyckoff patterns can help you identify stronger entry and exit points and prevent faulty analysis or trading mistakes. By focusing on price patterns, volume, and price changes, you can identify both common and uncommon patterns and have a better understanding of the market.
However, it's important to acquire sufficient study and education to effectively use Wyckoff patterns, correctly identify them, and have a comprehensive understanding of market behavior and technical tools. Additionally, skill and experience in trading are of great importance.
Before using Wyckoff patterns, it's advisable to familiarize yourself with your own strategy and utilize reputable resources to learn about patterns and related concepts. Additionally, always be cautious and base your trading decisions on your personal analysis and understanding of the market, as there is no guaranteed strategy or pattern for profitability in the financial market.
NASNFP week is done and over with now on to the second week of may.
on the daily time frame we see a FVG left behind that might want to come back and fill at least to the 50 percent CE.
we have consolidation on 5 and 15 min until we see a break of structure or MSS we don't know what it will do.
neutral for now but have a sell bias for the 50.
otherwise ice can see break above to grab BSL and then down lets see what market prints tonight and morning.
Nasdaq -> Bulls Are In ControlHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is actually approaching a quite obvious previous weekly support/resistance zone at the $13,500 level which is now turned resistance once again.
You can also see that from a weekly perspective, market structure is extremely bullish, moving averages are also bullish and we just recently broke above and retested a previous weekly resistance which was then turned support so from a weekly perspective I simply do expect a deeper retest of the next resistance at the $13,500 before I then do expect a short term rejection towards the downside.
On the daily timeframe you can see that with today's candle, Nas100 is finally breaking above a previous daily strong resistance area so market structure is now bullish again - I am just waiting for a little bit more upside, then a retest of the previous resistance which is then turned support and then I do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NQ1! NAS100 NASDAQ 2023 MAY 08NQ scenario 4, rotational trade yielded 470pts from 3 trades.
Test and Reject/Accept setups consistently offers low risk trades.
NQ was in rotation for a month now.
Friday saw a low volume mark up, and could be trapping longs.
Previous scenario planning remains.
Given the rotation has progressed thus far, inexperienced traders should just wait.
CAPS FOR EMPHASIS-MY TENDENCY TO TRADE SCENARIO4 WILL NOW BE DIMINISHED.
Possible scenarios:
1) Market stuck in a 250pt range, wait till supply/demand is resolved
Then:
2) Breakout of upper boundary to test 13740 = long at support of upper boundary of range
3) Breakdown of lower boundary of range = Short on rejection of 12950
4) The longer the rotation, the riskier will be rotational trade.
Long on support between 12950-13040 | Short on rejection between 13350-13212
Volume Analysis:
Friday's mark up on average volume, with close away from the high, is weakness on the bar.
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
14361 13740 13350
13316 12950 10710 - 11068
Remember to Like and Follow if you find this useful.
Have a profitable trading week ahead.
*For educational purpose only.
NAS100 Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
WBD | Wave Analysis | Downtrend breakout | Inv. Head & ShouldersWBD : Wave projection - weekly price action and chart pattern analysis
> The downtrend channel 5 motive wave breakout with a possible valid inverted head * shoulders pattern formation
> A potential ABC correction uptrend pattern - a typical wave b bull flag pattern for right shoulder pattern targeting at 0.618 - 0.786 fibonacci retracement of wave a.
> If successfully breakout neckline - TP wave c at 1.618 extension of wave a near MA200w zone +100%
> SL @ IHS position -20% downside
> Indicator : RSI week bullish divergence
Always trade with affordable risk and respect your stoploss
Good Luck
META Showing massive recovery and upside new target!Reverse Cup and Handle formed on Meta Platforms.
Price has once again gapped up on the daily 13% up for the day.
This was after the Earnings report came out strong, and after Mark Zuckerberg said he will be focussing his efforts more on AI this year than the Metaverse.
The indicators are looking sexy.
7>21 Price >200
RSI>50
So my first target for Meta will be at $355.12
SMC:
Below the handle of the Cup and Handle, is a strong Sell Side Liquidity (Order Block). This is where Smart Money comes in sweeps selling (Shorters entry and Longers stops). Then SM sweeps the selling, buys into it and BOOM away and up it goes. Very bullish in my opinion.
MY OPINION
THERE ARE A FEW REASONS Why I think the world isn't ready for Virtual Reality to the extent Meta aims for:
High Cost: VR technology can be expensive, and not everyone can afford it. Looking at the price of Oculus 2 - it's not for the average joe.
Limited Accessibility: While VR technology is becoming more accessible, not everyone has access to the necessary equipment or space to use it.
Motion Sickness: Some people may experience motion sickness or other discomfort while using VR technology.
Time: Right now VR headsets lasts for around 2 hours. Then needs charging. This isn't conducive for learning environments.
Weight: Have you put on an Oculus 2 headset? It's very heavy and cumbersome. We don't all have the strength to wear these things.
PS: I do have an Oculus 2 and I absolutely love and support the movements. Ever since Samsung VR headset came out, I've been obsessed.
Lack of Content: Despite growing interest in VR technology, there is still a limited amount of quality VR content available. Unfortunately, the target is on gaming, fitness and maybe socials. I still think there is a massive opportunity for more educational content, games, apps and learning material that VR can offer. I remember EDUVR - not sure what happened to it.
Limited Realism: While VR technology has come a long way, some people may still find it lacking in terms of realism. Unfortunately, people still have the stigma of wanting to be in the real world versus on a screen. This is the same way they acted when computers came out. Also when the internet came, they were hesitant and only "nerds" went on.
Social Isolation: VR experiences can be isolating, with users often cut off from the real world.
Learning Curve: VR technology can be complex, and some people may be hesitant to invest the time needed to learn how to use it properly. Just like it's difficult to teach older generations how new Smart Phones and Smart TVs work, it is similar to VR technology.
Lack of Compatibility: Different VR systems may not be compatible with each other, which could limit the ability to share experiences across platforms or devices.
Look before you know it, VR and AR will take over the world and everyone will be using it in some way or form. Maybe not in the next couple of years, but DEFINITELY in the future.
The Taiwan BRICS War Leading To The Biggest Meltup In History
Can we not see what's happened over the last days? the exact repeat of 2009 instead of QE straight away the FED has resorted to using terms like "BTFP program" and offering zero percent loans to the bigger banks to bailout the smaller banks.
I thought the FRED would have allowed the banks to go down for a market reset "what everyone is expecting" but the response is if the trend line breaks the entire US bond market breaks + the global financial system is in meltdown meaning the FRED and the US Government won't and cannot allow it to happen, oh and the Treasury is almost broke defaulting meaning QE will be turned on within the next months or a "BTFP treasury program".
Lets look at the facts that's got me worried
US dollar dominance will collapse due to QE needed to fund the US government and bailout markets to generate GDP growth
Since 2009 Expenditure on the military in China has gone parabolic from 96 Billion to 293 Billion in 2021 - China also purchases mass gold with Russia (what the hell are they preparing for or doing?)
In 1919 the USA was the top military spending by country
In 1920 the Russian Empire upped military spending passing the USA
In 1922 the Soviet Union was formed spawning the rise of the German dictatorship
What does this mean? it means the Soviet Union is repeating with BRICS and I'm sure the USA is aware of that.
All BRICS nations are printing money like crazy funding gold / military purchases like they are about to disregard the FIAT system.
USA has one option and one option only to defend the global dollar.
Start a counter offense on completely taking Taiwan controlling the entire semiconductor market limiting BRICS economically, and handing over the technology keys to the USA
meaning they can set the rules and prices and force demand back onto the USD system.
If this outcome comes to reality, we will see money printing in the USA disguised flooded into defense and a full NATO move surrounding Taiwan.
Followed by this will be stocks rising + inflation heading up + rates heading lower - -
The goal of this is to devalue the currency and use WAR to take economic assets by force from BRICS causing the wealth to be returned back.
This should answer your question on why the Ukraine War? Why the Red Balloons? both NATO / US + BRICS are using these as a testing ground to predict retaliations for the main goal Taiwan.
If the US / NATO wanted this war to be over in a day it would be. If China / Russia wanted this war to be over in a day it would be nobody ask why its not.
Translation lets steal Trillions from the public and spend 10 billion in Ukraine while storing the rest for R&D for the real event.
Nasdaq -> Short Squeeze ComingHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 just recently perfectly broke above and with last week's candle already retested and rejected a quite obvious previous weekly resistance area at the HKEX:12 ,800 level.
You can also see that as we are speaking, Nas100 is approaching the next major weekly structure area at the HKEX:13 ,600 level which was acting as quite strong resistance in the past, so from a weekly perspective I am now just waiting for another rally to retest the next resistance before I then do expect a short term correction towards the downside.
On the daily timeframe you can see that with Friday's candle, the Nasdaq perfectly broke and closed above a previous daily resistance area at the HKEX:13 ,100 level - all of this previous resistance is now turned support so I am just waiting for a retest and bullish confirmation before I then do expect another impulse towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NASlast post I mentioned the daily FVG and it did just that.
too bad I missed it but I was not trying to jump into a trade on my first day of second phase.
we are looking at D time frame FVG getting tapped and midnight now seems like a fake break low might tap to higher FVG left from market change.
from there if it respects order flow down im looking at sells to 50 % of the move from Thursday.
see you guys in the morning .
Nasdaq: Tough Sledding 🐌🛷Nasdaq is shuffling on, but the going is tough – to coin a phrase. However, we expect the bears to take more action soon! They should drag the index into the orange zone between 12 577 and 12 136 points, where wave ii in orange should end. Afterward, the bulls should take the helm again, inciting Nasdaq to develop wave iii in orange, which should reach about 14 000 points – providing that the support line at 11 806 points remains intact.
Nasdaq Analysis Falling Wedge Hello,
Currently, we are in a consolidation box, and the market seems to have intensified significantly. I have also observed a falling wedge pattern, which I believe will eventually break to the upside. Although it's unclear if we will see a breakout of the box, I will be prepared to analyze the situation once it happens. It's worth noting that there was an attempt for a downside break, but it turned out to be a false breakout.
Please refer to my previous post for the levels that I will be monitoring, and I will keep you updated on any developments. If you would like a more detailed analysis of the lower timeframe, please let me know.