US Nas 100Updated NAS100 Early Signs
Based on my observations from last week, NAS100 made it clear that the 61% retracement was needed as it achieved that level overnight with an overbought high.
Based on my strategy, it is still not enough confirmation for me to take a sell as my absolute conditions have not be met for a clean entry and so I will still continue to wait.
As I observed and pointed out yesterday, the H3 to the H5 are coming from their respective registered lows of last week and they should be working their way back to register their highs and should take price back to above 15561.5 to 15603.8 (Last week's HH range)
In any event, I am not interested in trading my speculation, I will await my confirmations before entering and that includes me getting a HH for a sell or a LL for a buy, until then, I wait for the market to tell me what it is doing.
No confirmation, no trade
#auberstrategy
#whywewait
Based on my strategy, it is still not enough confirmation for me to take a sell as my absolute conditions have not be met for a clean entry and so I will still continue to wait.
As I observed and pointed out yesterday, the H3 to the H5 are coming from their respective registered lows of last week and they should be working their way back to register their highs and should take price back to above 15561.5 to 15603.8 (Last week's HH range)
In any event, I am not interested in trading my speculation, I will await my confirmations before entering and that includes me getting a HH for a sell or a LL for a buy, until then, I wait for the market to tell me what it is doing.
No confirmation, no trade
#auberstrategy
#whywewait
Trade active
currently going back to test and possibly break the 61% line...
Being that it is early in the week (Monday) NAS100 likes to take the earlier part of the week to setup the major move towards the latter part of the week...
However as usual no speculations or anticipations, I will just wait for the market to bring the opportunities that I need to take by providing the correct confirmations...
Have a great day everyone...
Remember... No confirmations = No trades
Set your alerts for required levels for entry and enjoy the day...
Trade active
So as expected NAS100 broke the 78.6% mark, however there is still more to go...I will update in my next trade idea.
Be the exception...not the rule.
t.me/+FsHQuOngCYFiZmYx
t.me/+FsHQuOngCYFiZmYx
Be the exception...not the rule.
t.me/+FsHQuOngCYFiZmYx
t.me/+FsHQuOngCYFiZmYx
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