NAS100 Technical Analysis and Trade Idea NASDAQ

21 sie 2024

👀👉 Our analysis is centered on the NAS100, which has shown bullish momentum on the daily and 4-hour timeframes. However, with the price now at a resistance level, we anticipate a potential pullback to the Fibonacci 50% to 61.8% retracement levels.

We incorporate key elements of technical analysis, including trend evaluation, price action, and market structure. Additionally, we will outline a potential trade setup and discuss strategies to approach it with a higher probability of success.

Please note that this analysis is provided for educational purposes only and should not be considered financial advice. The insights shared are speculative and do not guarantee future market behavior. We strongly recommend verifying current price actions before making any trading decisions.

This presentation offers an in-depth examination of the current trend, market structure, and price movements. However, it's important to understand that while the content is educational, it does not guarantee trading success. The foreign exchange market carries significant risks, and we strongly stress the importance of implementing robust risk management strategies in all trading activities.

We urge you to conduct thorough research and exercise careful consideration before making any trading decisions. Stay informed, remain vigilant, and approach the markets with a well-prepared strategy. 📊✅

23 sie 2024

Uwaga

This 50% and imbalance is a key level for a retest into equilibrium. I want to see price reach in here and fail.

27 sie 2024

Uwaga

Retested the imbalance as mentioned. if you shorted this consider moving your SL to breakeven sometime soon