On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
As per price action we can see a sell in nasdaq index....... Bcoz it's short term trend is down so we can take a small risk in this setup for better reward
This indicator identifies potential buy and sell signals based on specific candlestick patterns. The script evaluates two conditions for each signal:
Buy Condition: A bearish candle (candle A) is followed by a candle (candle B) with a lower low than candle A and a positive close above the open of candle A. Additionally, candle B's body must be greater than or...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
as per price action ... price tap higher timeframe poi and showing unicorn setup in 15 min chart . so we can caugh best trade for best risk:reward setup....
After a big sell off that came at 18350 level down to 17000 level last week, we have seen good bounce back due to mag 7 earnings.
We are currently approaching the previous support level of 17800-17850 levels, which I expect to turn into resistance now. Coincidentally Fib 61.8 level is exactly in the same zone at around 17825. Will be looking for a short...
Nasdaq has done really well in last 15 months - rallied 70% since Jan '23 and 30% since Oct '23.
EW counts suggest that we are close to the end of a weekly impulse.
There are 2 alternatives counts - however, my bias is with the blue one, which suggests that there is a correction around the corner.
Reason is that there is a topping structure on daily...
Nasdaq's bullish trend is forming a Very bearish trend Head and Shoulder Pattern.
if it closes below 17860 then uptrend will turn into downtrend Ist level will be 17280, 16700
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
I'm considering another short on the index. Here's the breakdown:
Geopolitical Risk: The threat of World War 3 casts a shadow of uncertainty over markets. In times of crisis, investors tend to sell stocks and seek the safety of assets like gold. Tech stocks usually bear the brunt of the selloff.
Overheated Tech: The tech sector has been thriving, but...
IT sector is clearly bearish and so many lay off.... where is growth when number of employees reduced in 100's and 1000's every were ..... linkedin is full of OpenToWork status !!!
ABCD pattern,
1. Correction levels are drawn with green horizontal lines.
2. The next 1-2 months are going to be crucial.
3. Indecision between the 17800 and 18400 levels
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
I am looking forward to see Nasdaq fall from here, as I see this as good sniper sell entry. Though we have USD news report at 4.00pm SAST our SL can simply be reached. Please use proper risk management. Lets Download Success
