NASDAQ weekly Projections

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@asuquokelvin - 2 months ago
Quoted - nsg_usd

NASDAQ- 3rd Quarter projection: From the 3 months timeframe, I'll be expecting a further downside on Nas100 at least to 27170, IF price takes out 28,000 region.

I told you before that price will not get to that 30508 level but you didn't believe that zone was a strong resistance area and it was fundamentally backed

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@nsg_usd - 2 months ago
Quoted - asuquokelvin

I told you before that price will not get to that 30508 level but you didn't believe that zone was a strong resistance area and it was fundamentally backed

I didn't doubt you. Price didn't exactly turn at 30000 either like you stated. It was not too far from my region. In most case, it usually stretches into those critical zones, just didn't this time around.

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@asuquokelvin - 2 months ago
Quoted - godspowerdan

That sell was sponsored by money transfer. If you check the 15 mins you'll see it

There was nothing of such price is just reacting to data the main liquidity sweep or money transfer occured during fed rate , the retracement or bullish movement was as a result of cool off or uncertainty about fed rate hike statement, ustech is selling to a discount level to buy again

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@asuquokelvin - 2 months ago
Quoted - nsg_usd

This is why i have regions as my price pivot points and not single level. cause single level can vary in brokers, but the regions/zones don't.

That level I told you I know what really happened there, no matter how small that sweep is, price was already falling and so many stop loss were above those levels, and if you notice there was a liquidity takeout and price reversed strongly to the downside, breaking a key level to the downside, price must get to the opposite liquidity level before reversing no matter the data

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@asuquokelvin - 2 months ago
Quoted - nsg_usd

I'm not expecting strong buys on NAS100 this week again. But then Market can prove me wrong tomorrow. Everything is pointing to sells, except the Daily Trend Support that's still giving convictions for buys.

Price will definitely reach the 28541 to 28373 level before reacting and if you look closely there's a fvg at that level I marked and also an order block and an old low , there's possible reactions there

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@nsg_usd - 2 months ago
Quoted - asuquokelvin

Price will be targeting an fvg still at the downside below my tp so I will just hold with BE

Okay. Just hope price does not decide to do this tomorrow. Break and retest above this 1.4188 price region.

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@nsg_usd - 2 months ago
Quoted - asuquokelvin

Price will definitely reach the 28541 to 28373 level before reacting and if you look closely there's a fvg at that level I marked and also an order block and an old low , there's possible reactions there

I've been waiting for price to get to that region in like forever, but rather it's building this trend progression. This is the only clause for the sells down there.

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@nsg_usd - 2 months ago
Quoted - nsg_usd

My Next projection of Nasdaq is a Rally to 30400-30500 Resistance region, with an attempt to flip the monthly candle bullish.

If you re-check this post, you'll see i didn't just mention 30500. I referenced 30400 too. and price reversed very closed to 30400, and i'm sure on some brokers, it must have hit the 30400 level. Using regions (zones) are always better than relying on single Price Point (Level).

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@nsg_usd - 2 months ago
Quoted - asuquokelvin

That level I told you I know what really happened there, no matter how small that sweep is, price was already falling and so many stop loss were above those levels, and if you notice there was a liquidity takeout and price reversed strongly to the downside, breaking a key level to the downside, price must get to the opposite liquidity level before reversing no matter the data

Still on reasons i prefer regions to single price Level. On your chart, the sweep level is 30715. On My tradingview chart, your sweep is at 30675. With this, we debate which price the sweep occured exactly. because of the differences in broker price. But we can agree the sweep was at the 30650-30720 region. It makes more sense.

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@nsg_usd - 2 months ago
Quoted - nsg_usd

I've been waiting for price to get to that region in like forever, but rather it's building this trend progression. This is the only clause for the sells down there.

I' m taking advantage of the trend build-up. If the buys break above 29675-29800 again, It'll invalidate my quarterly sells expectation and I'll expect a push for new all time highs.

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@asuquokelvin - 2 months ago
Quoted - nsg_usd

Okay. Just hope price does not decide to do this tomorrow. Break and retest above this 1.4188 price region.

Price will never do that in fact it has reversed already, and I want ustech to also reverse so that my USDCAD trade will reach tp

A
@asuquokelvin - 2 months ago
Quoted - nsg_usd

I've been waiting for price to get to that region in like forever, but rather it's building this trend progression. This is the only clause for the sells down there.

It's actually reversing and am really cool with it so my other trade can stay valid for a while maybe to tp I extended to 1:17RR

A
@asuquokelvin - 2 months ago
Quoted - nsg_usd

Still on reasons i prefer regions to single price Level. On your chart, the sweep level is 30715. On My tradingview chart, your sweep is at 30675. With this, we debate which price the sweep occured exactly. because of the differences in broker price. But we can agree the sweep was at the 30650-30720 region. It makes more sense.

Yeah I see, no debates the price differs base on brokers which is mine was at 30715 , but whether 30650 or 30715 there was a liquidation level right, and price didn't get there and that's the point, my emphasis was that price wasn't going to reach that level and I knew it won't but right now I want it to, so my other trade would go well, it's at 1:6RR want a 1:17RR, the win is the point not even the levels

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