the detail is shown in the above Idea. this idea is the next Part of my previous Idea.
as I expected Nasdaq stopped at the near golden level. The reason is obvious. Nass is surrounded by two walls of fire of support and resistance, and there is a strange distrust in the hearts of shareholders to buy.
Keep the ideas coming, Seyed! I was very interested by your DXY call. And, assuming that to be correct, I would imagine we are facing a risk
UnknownUnicorn4762443
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@YouCannotBeSerious, thank you, dear brother.
i prefer to watch future trends.
because NASDAQ could not touch 0.618 level.
so it may rise up to the golden level then fall sharply,
cste188
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great work! btw what u mean by " two walls of fire of support and resistance" ? sorry i am not good in technical ....hope u elaborate more on this.
UnknownUnicorn4762443
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@cste188,
nas buyers set fire nas sellers at the support line
and
nas seller set fire nas buyers at the resistant line
therefore war between buyer and sellers in this region is bloody and explode world market.
UnknownUnicorn4762443
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@cste188, i suggest you to see my next published idea about nas.
you understand all completely.
also donot forget like
...-off period for markets over the next few days. According to your idea above, do you see 13,100-13,200 as a pretty "hard" ceiling for Nasdaq and therefore a decent place to short from?
UnknownUnicorn4762443
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@YouCannotBeSerious, yea. you are a real genius man.
you easily could read and understand my ideas with Fibonacci.