Rameeez

USDJPY long USDJPY had a breakout after FED June's FOMC, the triangle breakout has been retested today and bulls have taken the control here. It can be long for a good swing trade opportunity with SL at 139.15

NASDAQ- Is the local TOP in? Nasdaq started its covid bullrun rally from 6,700 points in March-2020 till 16,700 points in November-2021, from where it dropped to 0.38 fib level of its rally in October-2022 (10,600 points). Since October, it has been in up-trend till 14,600 points which is Fib 0.786 level. Can this be the local top? YES if it gets rejected from here then it might be the retracement of current rally and it can touch its september-2022's low or even drop down below it. Will this be the end of recent hype around tech stocks, specially the AI narrative? Time will tell. My personal bias: BEARISH if it doesn't cross this 0.786 fib level.

Cakeusdt buying opportunity Cakeusdt had been in a bearish trend followed by accumulation since june 2022. Its near its all time low and channel bottom on 3D time frame. Bullish points: Weekly bullish divergence 3D bullish divergence at channel bottom Tapped into weekly order block and buying observed. Can be a good long opportunity from here.Comment: setup failed. Channel support broken

TSLA Weekly Head and Shoulders Pattern TSLA started its covid rally from 23 and formed the top at 416. It fell to 104 and bounced from it which was 0.718 Fib level. However, it got rejected from 216 which was 0.5 fib level of same rally. It's weekly H&S projections can be calculated at 23 back to square one i.e beginning of the covid rally. Since the time frame is weekly therefore, it can take months to reach that level.

Nasdaq make or break- Key level Nasdaq faced a critical level of 12900 on weekly closing and could not close above it. This level is very crucial for the index as the price has reacted 5 times on weekly basis. Bulls need to close the price above this key level for nasdaq to have the confirmed bull run. Bullish points: Long term bearish trend line has been broken and price is maintained above it Support from weekly 200EMA HL formed on weekly TF Bearish points: Rejection from the level on friday Strong bearish divergence on daily candle,12 h and 8h candles on MACD which indicates the momentum is fading The key level confluence with fib 0.38 level, if it rejected from this level then it could be a retracement of the long term bear rally. March does not favor risk on assets. Conclusion: Both the bulls and bears have strong points here and coming week can be a decisive one for Nasdaq.