Hi Traders! NASDAQ short term forecast and technical analysis is here. We do our analysis on the MetaTrader4 platform (MT4), some very interesting, useful tips and hacks about the MT4 platform could be found here. If you would like to learn more about the way we trade and the technical analysis we use then check out the Home Trader Club Spoiler alert – free memberships are available!
Want to access the tools, systems, and real-time education we use daily?
With AvaTrade Broker’s support, you can now enjoy up to one full year of access to the Home Trader Club — including:
All professional trading systems
Access to our new project, the Home Trader Club trade copier, where our traders trade and you can copy.
Real-time trade ideas and setups
Full access to our course library and trading marketplace
On the H4 chart, the price which is moving higher has broken above the most recent downtrend line and is holding above it, which we may consider as evidence of bullish pressure. In addition to this, the price which is moving higher has broken above a strong resistance zone formed based on the volume profile zones of the KTLI indicator and the Triple B Pro pivot levels. After the breakout this strong resistance zone is acting as a strong support zone, we may consider this as another evidence of bullish pressure. So everything looks good here for the bulls and we may now move down to one timeframe lower and look for evidences supporting this short term bullish view.
On the H1 chart, we have a strong bullish momentum and also currently it looks like a correction is happening. So everything looks good for the bulls here as well. In addition to this, we have three key support zones that has formed based on the volume profile zones of the KTLI indicator and the Triple B Pro pivot levels. Until these three key support zones shown in the image below (marked in red) holds my short term view remains bullish here and I expect the price to move higher further after retraces.
NASDAQ H4(4 Hours) Chart Analysis
NASDAQ H1(1 Hour) Chart Analysis
It is always recommended to look for confirmations before you jump into any trade. If you are not sure about how to trade this short term buy setup then you can use any setup and strategy that you have in your arsenal to look for bullish moves and join this buy trade.
Also, don’t forget to protect your buy trade using a stop loss and make sure to set a target and keep a proper risk/reward ratio.
You will also find a pretty extensive database of educational materials here in the blog – just use the search or check out the Forex Education section above.
Not sure how to enter a trade? Spot reversals (bounces)? Not sure how to spot breakouts?
I invite you to
And improve your trading with us.
Also, you can get one of our strategies free of charge. You will find all the details here
If you have any further questions, don’t hesitate to drop a comment below!
Happy Trading!
Arvinth Akash
Home Trader Club Team
Hi Traders! CADCHF short term forecast follow-up and update is here. On March 4th 2026…
Hello traders, The new trading week opens under a shifting macro backdrop. Recent developments in…
Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of April…
World stocks climbed for a 10th straight day to hit new record highs on Thursday,…
Hi Traders! GBPJPY short term forecast and technical analysis is here. We do our analysis…
Hi Traders! Dax short term forecast follow up and update is here. On March 3rd,…
