As I await the release of the inflation data 8:29am we see here that NAS100 is intent on shaking the impatient players from the market.
Instead of going up to do the H4 & H5 HIGH, we are almost back to square one with the price coming back down to the 23% mark...all the more reason for me to see this as a seemingly never ending consolidation that will cause you to become impatient especially if you have not taken a trade since last week.
However, just know that if you have not traded because you are waiting on a setup that will come, you cannot loose what you did not risk.
With that being said, I am still neutral while waiting on the HH or LL on the H1 to decide my next play.
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