NASDAQ weekly Projections

A
@asuquokelvin - 2 weeks ago
Quoted - nsg_usd

NAS 100- Trade Setup
Trade Type- short
Entry: 30532
SL: 30764
TP: 29,966

Reason: Price invalidated the intraday channel as it started with sells this week. I'm looking to trade the retest of the flip zone that confluences with trend support breakout to join the sell continuations down.

Waiting for the retest instead of chasing the initial sell keeps the risk cleaner. If that flip zone rejects with bearish displacement, it strengthens the case for continuation toward the 29,966 objective.

N
@nsg_usd - 2 weeks ago
Quoted - godspowerdan

Where you want to sell from hasn't broken structure lower yet

Yes, it hasn't. If price pulls up to react at the entry (30532), the next drop will want to aim for the break of that neckline at 30,100.
I have SL at 30764. A break above that level invalidates the sell.

N
@nsg_usd - 2 weeks ago
Quoted - asuquokelvin

But for a resistance to hold a support must be broken, you should wait for a break for you to sell on pullbacks

The sells I was looking for happened. It missed my entry at 30534, SL 30766.
The flip zone I was looking to sell from was a support that turned resistance on the lower timeframe.
The rule is not only applicable on Higher timeframe structures.

N
@nsg_usd - 2 weeks ago

NAS 100 Update
The daily is closing bearish, despite not breaking below the double top neckline at the 30124-price level.
I'll be expecting sell continuations tomorrow for price to revisit the neckline price level. Although on the D1 Line chart, the neckline has been broken, but on the 4hr, It has not.
I'll still maintain my Initial Sell Entry: 30532, SL: 30764, and TP: 29966

N
@nsg_usd - 2 weeks ago

NAS 100-Daily Update (29th Sept 2026)

Trend: Bullish
Bias: Range
Technical Outlook: 1hr consolidation Channel.
Analysis: Price started the day with sells, dropping down to 30,137 before retracing back on buys.
Last week's Thursday Low is still protected, which shows price is still much more interested in continuing buys instead of dropping down to fill the bullish imbalance.
However, I'll be looking for sells because price is still confined to an intraday bearish consolidation channel.
Entry: 30528
SL: 30723
TP: 30127

N
@nsg_usd - 2 weeks ago
Quoted - nsg_usd

While I'm waiting for Sells, I've also seen an opportunity to enter buys towards my sell entry.
Entry: 30,300
SL: 30,150
TP: 30,611.

I would have set my buy limit, but I'll wait for price to invalidate the bearish channel first, then I'll set it when price will be retesting the channel resistance as support.

NAS 100- I missed out on the Buy entries I was looking out for which was the break and retest of the bearish trendline as a support confluence with the internal horizontal support
Buy Entry: 30,316
SL: 30149.

I'm practicing Lower timeframe entries for the Day-trading model I've been working on.

N
@nsg_usd - 2 weeks ago
Quoted - asuquokelvin

You missed this buy

Yes I missed it. quite painful. Price did a break and retest of the bearish trendline giving me an entry opportunity at 30316 price level. and my invalidation level for the setup was 30160 which is very far from the entry.
price has not gone anywhere near the invalidation zone.

N
@nsg_usd - 2 weeks ago
Quoted - asuquokelvin

I am looking forward to a continuation, after a break from the level I circled

Price kept revisiting the zone. This is the 3rd time today and it keeps bouncing off the same level showing its validation.
30302 is a good entry zone for the buy, with 30250 as an invalidation level.

A
@asuquokelvin - 2 weeks ago
Quoted - nsg_usd

Price kept revisiting the zone. This is the 3rd time today and it keeps bouncing off the same level showing its validation.
30302 is a good entry zone for the buy, with 30250 as an invalidation level.

Price may drop more lower because the 4hr is sitting on a bearish level, if before 5pm the 30495.66 level still holds with price breaking above it then more downside will be seen

N
@nsg_usd - 2 weeks ago
Quoted - asuquokelvin

Price may drop more lower because the 4hr is sitting on a bearish level, if before 5pm the 30495.66 level still holds with price breaking above it then more downside will be seen

NAS 100- on 4hrs, price has formed double top, and double bottom. This simply confirms that price has entered a ranging/consolidation phase which can also represent a resting phase after the heavy rally we witnessed last week.
Also, with the month coming to an end tomorrow, possibility of a breakout on either side of the range box will confirm which direction the first few days of the month will likely tilt to before major fundamental and economic data will be released subsequently in the days to follow.

Price might as well stay in a range box till the new month's economic data are being released.
So, I'll keep to trading within the range and will look out for buys first.
Entry-30302
SL-30124

N
@nsg_usd - 2 weeks ago
Quoted - asuquokelvin

Check the chart image below

NAS 100- on 4hrs, price has formed double top, and double bottom. This simply confirms that price has entered a ranging/consolidation phase which can also represent a resting phase after the heavy rally we witnessed last week.
Also, with the month coming to an end tomorrow, possibility of a breakout on either side of the range box will confirm which direction the first few days of the month will likely tilt to before major fundamental and economic data will be released subsequently in the days to follow. Price might as well stay in a range box till the new month's economic data are being released.
So, I'll keep to trading within the range and will look out for buys first.
Entry-30302,
SL-30124.

Disclaimer:

At MyTradingLand.com, we connect you with forex brokers and provide a community for traders. While we offer valuable information and resources, please note that we are not financial advisors and cannot provide personalized financial advice. Always conduct your own research and invest responsibly.

Community Guidelines: The MyTradingLand.com community is designed as a resource for forex traders, promoting respectful and constructive discussions. We reserve the right to remove any content that is misleading, abusive, or violates our terms of service.

Broker Information: While we may receive commissions or advertising income from some of the brokers listed, this does not imply an endorsement of any broker, nor does it affect our review process. Our evaluations are based solely on objective criteria and user feedback.

Always verify the regulatory status of any broker with your local financial authority, along with their terms and privacy policies, before engaging with them. It is crucial to conduct thorough research to ensure that you are making informed decisions.

Risk Warning: At MyTradingLand.com, we strive to provide accurate information; however, the forex market is highly volatile and can change rapidly. It is essential to verify any information before making investment decisions.

Please be aware that trading in forex involves substantial risk, and it is possible to lose more than your trading equity/investment capital. 70-90% of retail CFD traders incur losses in their trading activities as per information from various brokers.

You are solely responsible for your use of MyTradingLand.com and any trading decisions you make. We encourage all users to educate themselves thoroughly about forex trading and to consider seeking advice from qualified financial professionals.

Advertising Disclosure: We may earn commissions from recommended brokers, but our reviews are independent (not influenced by potential earnings). Sponsored content is clearly marked and doesn't reflect our views.

©2026 ©2025 All rights reserved Mytradingland.com