Nas100 LONGHello everyone
I applied Quarters theory
The weekly candle close was above the 8500 QUARTER POINT , and when looking at 2 previous candle i see a evening star has formed at the top of uptrend...This gives me a long term potential Short but price will move towards 8750 QUARTER POINT
The Daily candle close was above 8500 QUARTER POINT with a BULLISH HAMMER (PIN BAR) at the bottom of downtrend
so I am going to buy any level above 8574 with a target of 8750 QUARTER POINT
When i apply QUARTERS THEORY my target is 250 pip moves and 1000pip moves
im still learning please provide feedback
Us100cash
NASDAQ BIG BIG POSSIBLE IDEA!!!This is a small possibility of this happening. As chart indicates, it did break trend before, and formed the W that pushed for the new highs. Well, maybe breaking the trend, and forming a W again, will let NASDAQ push for the 10 000.00 target we all have been waiting for.
If one gets a very low entry, keep it till it reaches 10 000.00. NAME OF THE GAME IS PATIENCE! Lets see how it plays out next week, and what the virus news does to NASDAQ over the weekend.
Good luck! And lets all see BLUE PIPS!