NASDAQ weekly Projections

Although Nas 100 is bearish, I won't be looking for sells. for now, I'll just sit on my hands, and watch what price will do.

I just deleted the sell plan I had on Nas100 because I noticed that USD is losing strength on short term and the level I was about selling from is actually a demand level,

The FED kept the rate as it is. No changes. so, the DXY is still weak.

Although Nas 100 is bearish, I won't be looking for sells. for now, I'll just sit on my hands, and watch what price will do.

Although Nas 100 is bearish, I won't be looking for sells. for now, I'll just sit on my hands, and watch what price will do.

NAS 100- Trade Setup

On 1hr, price has broken above the 27500-price level, where it formed the double lows earlier this week, flipping the price level back to a minor support. A retest of the zone will offer scalp buys opportunity to ride the rally up to 28000 price level.

I still expect price to respect the protected high and sell from that key level

Price should sell from that key level

Better thank trading blindly

But are you also seeing that the higher timeframe is not showing a bullish reversal? So untill it becomes obvious then we can look for buys or when a key level is taken, like what I marked

I won't be looking for sells on Nas 100.
My trading approach with indices is different from currencies. I only anticipated sells the early phase, but as bullish moves has started kicking in strongly, it's best to stay bullish, because they are bullish assets overall.

If Nas 100 intends to sell, I'll wait for the sells to wrap up, then join the buys. this weekly bullish Pinbar is not to be overlooked.

I still expect price to respect the protected high and sell from that key level

I won't be looking for sells on Nas 100.
My trading approach with indices is different from currencies. I only anticipated sells the early phase, but as bullish moves has started kicking in strongly, it's best to stay bullish, because they are bullish assets overall.

Your idea is valid on fundamental basis and across currencies analysis it's very valid, but I will still take a cautious step, I marked out a rectangle shape at the last 4hr bearish order block level, I would still wait if price will break above it, and make a pullback to take give a higher low and then a higher high showing a trend reversal, even if I know dollar is weak but the buys on Nasdaq may not start immediately because no higher timeframe lower high has been taken

Nas 100- price rallied above 28000. Yeah, I'm expecting a sell pullback for the retest of the 27500 price level for buy continuations.

Although Nas 100 is still confined to a daily bearish channel, I'm not looking out for sell opportunities but expecting it to show up. Will wait for the channel to be invalidated then go for buys opportunities presented outside the channel.

NAS 100- 4hr channel invalidated. Will be expecting a pullback for a retest and price to form a higher low. then I'll join the buys.

Yeah. That's a good price level to drive good sells for a retest at the 27500 price level.