NAS100 Early Weekly Setup
As the days progress and I get more confirmations for my stance, it becomes clear to me that the signals that I am looking for in the market are solid in helping me to become a better trader.
Today was no exception, the buy that started from Thursday 9:32am continued into today and pushed the price upwards to the 78.6% retracement level.
The key with analyzing this move for me is that although NAS100 has the tendency to bounce off the 61% or 78% levels, this Fibonacci measurement was taken from HIGH to LOW on the H1 and not on the bigger H4 or H5 which were both coming from HIGHS and ultimately ended on LOWS before Thursday's retracement.
That being said, it would not be unreasonable to expect a 100% retracement on the H1 FIBS in order to facilitate the HIGH on the H4, H5 and a HH on the H1, that of course if the H1 completes only a HL tonight into tomorrow before going for the HH in the region of 15561.5 & 15603.7.
A perfect scenario would be a HH coming on the H1 in the region of 15561.5 & 15603.7 which would satisfy the requirement of all the timeframes from H5 to H1 needing their highs and HH's and thus creating the perfect sell opportunity.
While that is what I would like to see, I am perfectly aware that the market does what it wants to do when it wants to and that is why I continue to exercise patience and wait for the perfect opportunity. They come every single week and like I always say; "no setup = no trade."
I continue to wait and enjoy the process of learning the craft.
NAS100USD 
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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