NAS100 top-down analysis

Aggiornato
Hello Traders:

Weekly overview: Price is on an Ascending Channel with swing highs and lows. Price is in a corrective stage which means price hasn't yet completed the correction to break the structure.

Daily overview: Price action is making a symmetrical expanding triangle. Price action is making another Ascending Channel with swing highs and lows to the upside. Price is in a bearish correction phase to the downside.

Fourly overview: Price action is in a Descending corrective Channel to the downside. Waiting for price to break below bullish correction and continue down.

One hourly overview: Price action is in an Ascending impulsive Channel within the four hourly channels. Waiting for price to break and create a continuation correction on the LTF to the downside.
Nota
istantanea
Nota
istantanea
Nota
istantanea
Nota
Price broke above the descending channel on the four hourly. Price is on an ascending channel to the upside, and price doesn't seem to end the correction phase.
Multiple Time Frame AnalysisTrend Lines

Declinazione di responsabilità