My approach to the market is based on Market Nature and Market Phases.
Nas100 has being moving bullish as of recent , since it has broken out from the HTF descending pattern , so my view from the :
HTF : The market has broken out of the descending corrective pattern and formed a continuation type pattern thus taking price higher with the next impulse phase ( ).
LTF: Price right now on the LTF is in an impulsive phase. What i would like to see is price for another continuation pattern to possibly push price further up completing the possible Inverse HnS pattern ( )
* Should price not form that pattern i will be waiting for further development to consider future oppertunities.
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