NASDAQ weekly Projections

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@nsg_usd - 1 month ago
Quoted - asuquokelvin

I didn't sell again, the 4hrs reaction didn't work out for sells it gave a fake buy signal but i didn't buy either

Alright.
NAS 100- Price Exhausted the sells today. Let's see how tomorrow goes, Although I'm expecting it to form a double bottom against next month, before breaking below it or not.

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

Alright then

Keep an eye on price

Nas 100- The 4hr closed bearish, and the Sells continued as expected. Will expect double bottom formation tomorrow before the sells continuation, as price will be looking for a weekly close tomorrow.

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

That's more like it

I just knew that all those buys were just mere pullbacks

NAS 100- Double bottom formed. Expecting a rally to 28800, before possible sell continuations.

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

The selling pressure/momentum is already a confirmation for me

NAS 100- without a downside break below 28200, price stands a chance to rally to above 29200 price evel

G
@godspowerdan - 1 month ago
Quoted - nsg_usd

NAS 100- without a downside break below 28200, price stands a chance to rally to above 29200 price evel

Until price breaks above the 29181.61 key level, the double bottom is not even formed yet

That's just relatively equal lows

A
@asuquokelvin - 1 month ago
Quoted - nsg_usd

Alright.
NAS 100- Price Exhausted the sells today. Let's see how tomorrow goes, Although I'm expecting it to form a double bottom against next month, before breaking below it or not.

Nas100 will still sell for long, because price on the daily is still at the premium level of the bullish daily swing, if price breaks below the present 73.6 fib retracement then we should see more downside below 50 level

A
@asuquokelvin - 1 month ago
Quoted - nsg_usd

Okay. When it forms the visible Right shoulder that everyone understands, I'll draw attention too. That particular Variation of HnS is LTF. The HTF has not formed yet.

Check this 15mins HnS out, seems this is the clear variation everyone easily spots except the head is double which most people only understand single head.

Point out the heads and shoulders, price isn't making heads and shoulders around there , heads and shoulders are actually strong reversal patterns check the example they don't form as continuation patterns in a middle of a trend, see a good example from the image chart

A
@asuquokelvin - 1 month ago
Quoted - nsg_usd

Hope the move I projected was finally seen. The Sells was massive today on Nasdaq.

Price has actually broken below, but I will be expecting price to sell from the yellow box level, I will wait for price to get there before I initiate the sells but will be in a lower timeframe

A
@asuquokelvin - 1 month ago
Quoted - nsg_usd

Hope the move I projected was finally seen. The Sells was massive today on Nasdaq.

Due to dollar strength Nasdaq has been really pressured, I will still continue looking for sells as Nasdaq is still in Premium zone

A
@asuquokelvin - 1 month ago
Quoted - nsg_usd

Alright. it's always good to have clarity before execution. The sells you expected yesterday is what happened today.

And also patience is very important in trading if not I would have sold and got invalidated before the sells starts, that is why I always follow my validation rules

A
@asuquokelvin - 1 month ago
Quoted - nsg_usd

Alright.
NAS 100- Price Exhausted the sells today. Let's see how tomorrow goes, Although I'm expecting it to form a double bottom against next month, before breaking below it or not.

That will depend on safe heaven demand, if demand for safe heaven keeps increasing then we will see more downside but if demand reduce and we will see a reversal but I don't really see that reversal because Nasdaq is still in it's premium level

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

The double bottom is not yet confirmed

NAS 100- Price has formed a double bottom on 4hr, but not on the daily.

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