Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nasdaq is approaching a quite obvious weekly previous structure area exactly at the
13,500 area from which we could see a short term rejection.
You can also see that we are currently quite overextended towards the upside on the weekly timeframe so I am now just waiting for a deeper retest of the weekly zone and then a short term correction towards the downside.
On the daily timeframe you can see that price action recently is very bullish so I am now just waiting for another push towards the upside and then I am waiting for some bearish rejection to short Nas100.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
https://www.tradingview.com/chart/NAS100/QfovClm5-Nasdaq-Time-To-Breathe/
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nasdaq is approaching a quite obvious weekly previous structure area exactly at the
13,500 area from which we could see a short term rejection.You can also see that we are currently quite overextended towards the upside on the weekly timeframe so I am now just waiting for a deeper retest of the weekly zone and then a short term correction towards the downside.
On the daily timeframe you can see that price action recently is very bullish so I am now just waiting for another push towards the upside and then I am waiting for some bearish rejection to short Nas100.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
https://www.tradingview.com/chart/NAS100/QfovClm5-Nasdaq-Time-To-Breathe/
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👇🏻Free: SwingTrading-Academy
discord.gg/jgdrYXwqyD
SwingTrading.Simplified.
Investing.Simplified.
#LONGTERMVISION
discord.gg/jgdrYXwqyD
SwingTrading.Simplified.
Investing.Simplified.
#LONGTERMVISION
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.