NASDAQ 100 H1 Chart Breakdown

Zaktualizowano
Wyckoff Distribution Phase:

The chart shows clear signs of a Wyckoff Distribution, which suggests the market is in the process of transferring from bullish to bearish sentiment.
The market is likely in Phase C, where the price tests supply at a premium level before a possible markdown phase.
In Phase C, we typically see a test of the resistance zone (created by supply) followed by a final push down.
Harmonic Patterns:

A Bearish Bat Harmonic Pattern has completed near 20,432, signaling a high probability of a reversal or a temporary top.
The harmonic pattern provides confluence with the Wyckoff Distribution, as both imply that the market may be exhausted at current highs.
Break of Structure (BOS) & Change of Character (CHoCH):

There’s a noted Break of Structure (BOS) at 20,162, where the market shifted from bullish to bearish.
Following the BOS, we have a Change of Character (CHoCH), indicating a potential reversal from bullish to bearish sentiment.
Key Levels:

20,432 is a significant resistance level where both the harmonic pattern and distribution align. A failure to break above this level confirms the bearish scenario.
Targets on the downside include 20,297 (discount zone) and 20,162 (liquidity zone).
Short-term Outlook:

NASDAQ 100 is expected to continue lower if it fails to break above 20,432. Downside targets include the 20,297–20,162 range.
Zlecenie aktywne
My Social Links:
💬 Discord:
discord.gg/QtU7s5kkgG
Join my community to chat, share ideas, and stay updated on everything!

📱 Telegram:
t.me/+fMfBSUwUVsE5YjNk
Get exclusive updates, discussions, and content in my Telegram channel.

🎥 YouTube:
youtube.com/@Spacedevil0
Check out my YouTube channel for tutorials, videos, and more exciting content!

🐦 X (formerly Twitter):
x.com/ALGOSNIPED
Follow me on X (formerly Twitter) for quick updates, thoughts, and insights.

👾 Reddit:
reddit.com/user/No_Conversation7478/
Follow my Reddit profile for discussions, posts, and more!

📸 Threads:
threads.net/@spacedevil__
Join me on Threads for all the latest conversations, updates, and insights.

🎶 TikTok:
tiktok.com/@spacedevil_
Check out my TikTok for fun, entertaining videos, and more!

📘 Facebook:
facebook.com/profile.php?id=61568284451571
Connect with me on Facebook for personal updates, news, and more!
Harmonic PatternsTrend AnalysisWave Analysis

Również na:

Wyłączenie odpowiedzialności