NAS100 Update and Trading The Fakey Shakey👀 👉 In this video, we revisit the price action covered in a previous upload—an aspect I often emphasize in my videos. The NAS100 offers a classic example of the "fake shaky" chart pattern and key signals to watch for as price moves away from critical support or resistance zones. We also explore a common trap that traders can fall into. As always, this is not financial advice. 📊✅
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NAS100 I Sentiment remains bullish I watch for these key areasWelcome back! Let me know your thoughts in the comments!
** NAS100 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
HOW TO MAKE $1M+ IN A WEEK. NAS100 STRATEGY 🤩💡✅GENERAL OVERVIEW DATA
From March 02 2020 point A until December 2021 point B uptrend. From January 01 2 June 2022 retracement of Fibonacci level point C.
MONTHLY TIME FRAME
* Uptrend
* Retraces back to 0.5- 0.6 Fib level
* Bullish engulfing pattern spotted at the retracement level
*Violate the 3rd touch of this trendline.
* Closes with a bullish hammer candlestick at $135 62.70
* Price above the 200 EMA. Shows the confirmation of the uptrend and a backup of a trained in continuation.
* Next target level $15,000 before heading to $16500 after which a possible break of structure to the upside to form a new high.
CAUTION: when price gets between $14000 to $15000. Might be tricky at that point before it eventually breaks it to $16500
WEEKLY TIME FRAME
* Little to nothing will be done here because the lower time for your respect and follow the higher time frames
* So you will just be buying and selling the market reaction in respect to the monthly time frame and overall analysis.
* Clearly you can see that price is heading to the support at $15,000.
ATTENTION! You might be tempted to ask or say the prices trading in a form of H, L, LH, LL pattern weekly zone. The four at the current level LH point K there's a possible LL again.
CAUTION: AGAIN IT'S ONLY REACTING TO THE HIGHER TIME FRAME AND RESPECTING THE MONTHLY 0.5 - 0.6 FIB LEVEL AT POINT K CURRENT PRICE. IT HAS VIOLATED THE TREND LINE AND CLOSES ABOVE IT WITH A STRONG BULLISH PATTERN. SO LITTLE TO NO ROOM FOR THAT L, LL, H, HL PATTERN. THEREFORE ALL ROADS LEADS TO $15000 FIRST FOR SOME PASSENGERS TO ALIGHT FROM THE TRAIN BEFORE HEADING FURTHER TO THE NEXT BUS STOP.
DAILY MOVING VEHICLE.
* The road is clear as the picture. All heading to the bag at $15000.
* Every reaction of the weekly time frame is respected and in correlation to the daily moving vehicle.
LOWER TIME FRAMES. H4, H2, H1.
H4.
* Forming and giving a sweet moving ride and a peaceful pattern of L, H, HH, LH, HH ... On the 21 EMA.
CAUTION!
Partial potential double top in play. So don't jump just yet wait for a pullback. It's coming to your bus stop.
So wrong to your 1m, 5m or 15m to see if it's at that bus stop before you jump in.
CONCLUSION
GO LONG
BUY.
NAS 100 Weekly AnalysisMY weekly analysis on NAS 100 on a weekly chart. The price is currently at an area of confluence. Two things to take place in that area 1) price may respect the level and reject, move down as the market is still bearish or 2) the price breakout and push to the up aiming to change the current structure.
NAS100 WEEKLY FORECAST Great Opprtunity For Sellers Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied