NASDAQ weekly Projections - Page 63

@asuquokelvin - 13 hours ago

On the 4hr, there's an intraday bearish channel that has been formed. I'll be expecting price to trade within the confines of this channel and possibly retest the trend resistance at the 29996 (Entry price level) which confluences with the Daily key resistance level. invalidation of the bearish trade setup will be if price trades above 30200 price level.

The 4H bearish channel and daily resistance confluence support the short idea. wait for bearish rejection around 29,996 before entering, while a break above 30,200 would invalidate the setup.

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@nsg_usd - 9 hours ago

Quoted - asuquokelvin

The 4H bearish channel and daily resistance confluence support the short idea. wait for bearish rejection around 29,996 before entering, while a break above 30,200 would invalidate the setup.

NAS 100 Update
Price is stalling at my Entry level of Interest (29996) and I'm yet to execute because I want to see an invalidation of the LTF Bullish flag pattern as final confirmation that bulls have given up and the bears will become actively in charge.
A break above 30200, invalidates the trade setup

@asuquokelvin @godspowerdan

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@nsg_usd - 9 hours ago

Quoted - nsg_usd

NAS 100 Update
Price is stalling at my Entry level of Interest (29996) and I'm yet to execute because I want to see an invalidation of the LTF Bullish flag pattern as final confirmation that bulls have given up and the bears will become actively in charge.
A break above 30200, invalidates the trade setup

Looking Closely at price on the 30mins Timeframe, price has formed a price pattern waiting to invalidate it. Once invalidated, the bearish move will possibly continue.
I'll position to go short.
Entry: 29996
SL: 30200

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@asuquokelvin - 9 hours ago

Quoted - nsg_usd

NAS 100 Update
Price is stalling at my Entry level of Interest (29996) and I'm yet to execute because I want to see an invalidation of the LTF Bullish flag pattern as final confirmation that bulls have given up and the bears will become actively in charge.
A break above 30200, invalidates the trade setup

I don't really have a setup on Nasdaq still battling with gold

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@nsg_usd - 9 hours ago

Quoted - asuquokelvin

I don't really have a setup on Nasdaq still battling with gold

I'll stay on NAS 100. I'm anticipating Gold bullish move next week.

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@nsg_usd - 4 hours ago

Quoted - nsg_usd

NAS 100 Update
Price is stalling at my Entry level of Interest (29996) and I'm yet to execute because I want to see an invalidation of the LTF Bullish flag pattern as final confirmation that bulls have given up and the bears will become actively in charge.
A break above 30200, invalidates the trade setup

NAS 100 Trade Summary
Entry: 29996
SL:30200
price played out as expected, but I missed it because it didn't return for a retest after breaking out of the price pattern.

@segun_33 @kemi_allen_omevia @asuquokelvin @godspowerdan

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@nsg_usd - 3 hours ago

Quoted - nsg_usd

NAS 100 Trade Summary
Entry: 29996
SL:30200
price played out as expected, but I missed it because it didn't return for a retest after breaking out of the price pattern.

I'll be following up NAS 100 next week, as there's high possibility of price driving down to 28,000 price level before the month is over.

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