Long term bearish - NasdaqHello to all,
The chart is of Nasdaq on weekly time frame.
I think, it just have completed wave B and wave C to the downside is already started or
may be very soon to start.
But overall view is bearish for long term.
The probably targets might be 9600 if it does A=C.
It may get little more to the down that we can see later as wave get developed at that time.
Lets see how it goes.
Stay alert.
All the best.
USTECFU trade ideas
Nasdaq - Which one you choose?There are 2 possibilities seen in the chart.
1. The price can complete the rounding top pattern.
2. The price can move up to fill the gaps in has created.
In case if it falls, where it will take support? 15000 - 15050.
If it moves up, the gaps at 15320, 15480 will be filled.
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GAMEPLAN ON NASDAQ IMP ZONE FOR SELLINGWhen there are multiple POI zone in one leg always marked two zone for trade one is dececional
other is Extreme.
between these zone all are trap 80% of time so dont go for it.
nasdaq fails 1st POI zone gives some reaction then failed .
now wait for extreme.
thank you.
NASDAQ showing Lower Top formation on Daily Charts - WeaknessNASDAQ showing Lower Top formation on Daily Charts - Weakness suggested for few sessions.
Be Cautious for few days as the Global Markets can turn Bearish.
Nifty too can dive down 3% from here - So be cautious & wait for Right time to Enter.
NasdaqPlease keep it in 5mins timeframe and follow the important lines market will go completely downwards atleast 200 points
NasdaqPlease keep it 5mins timeframe and follow the important lines then you will get to know the market... It goes slightly downwards from 15626...
Short sell NasdaqThe index is exhibiting the bearish divergence on the hourly timeframe. It is already quite extended and is also now forming dark cloud cover candlestick pattern which is a bearish pattern. There is also a resistance here on the daily charts. All put together looks like a good short sell.
NasdaqKeep it in 5min time frame and go as per important points.... It will turn little upwards from 15683.