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NASDAQ Bullish Reversal (Potential Tariff Resolution?) NASDAQ price action went through a massive correction with a drop from the top worth approx. 14%. However after the passing of the latest FOMC Meeting, we may finally see a direction towards the resolution of widespread tariff based uncertainty across the macro economic landscape. This presents us with a potential Reversal opportunity if we see the formation of a credible Higher High (given a potential proper break out) on the 4 HR and shorter timeframes. Trade Plan : Entry @ 20045 Stop Loss @ 19070 TP 0.9 - 1 @ 20923 - 21020
ICMARKETS:USTECLong
by LevelsBySBT
NAS100 ANALYSIS Overall sell set-up on NAS100 has finally been completed, I hope you guys were also able to capitalize on that position Price has impulsively moved towards the downside and given us the third touch on the overall current market structure and has also given us a nice rejection on the H1/H4. Price could form into a smaller (short-term) correction on a LTF indicating to us a continuation to the upside which is the highest probability. If you decide to capitalize on this set up, I would enter at this current point in time or you could wait for the next impulsive move followed by a tight correction on the H1. This is a basic set up hence I know if you manage your trade and your risk accurately, you can and surely will make a lottt of money from this set up alone. Remember, patience + persistence = consistency LETS MILK THESE MARKETS MY FELLOW TRADERS!!
OANDA:NAS100USDLong
by Mckaylen1
1
NASDAQ H4 WAVE SETUPThe Nasdaq is trading near all time highs but I expect the highs to break and for the trend to continue. In fact, I believe that 17000 is on the cards at some point during 2021. Currently the price is trading at the resistance level of the structure indicated in green. There have been 4 waves within the structure which means that we could see the break now or a possible 5th wave to the bottom of the structure before it breaks to the upside. Welcome to 2021! Linton White QuickTrade South Africa
OANDA:NAS100USDLong
by Linton_White