whats up TV Family!
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In this Analysis i'm looking at NAS100 and i am seeing a Significant rejection starting to take place here, i also see that we have respected this Beautiful uptrend for some time now, and once we see PRICE ACTION CLOSE BELOW the trend i wouldn't be surprised if we didn't see a very quick decline in price towards projected target areas i have drawn up that are high probability reaction areas as its not just a simple support but rather a strong area of interest with A Bullish engulfing OB that have been formed ( both blue boxes show the Bullish Engulfing OB ORder Block on the 1 hour time frame where i anticipate price to come!
Disclaimer - trading is risky and you can loose 100% of your trading balance with incorrect risk management! this is why it is important to master and manage your risk management plan before you even think of taking your first trade!!
i am not a financial advisor and this is not financial advice, please do your own due diligence and market analysis as this is shared for educational and demo purposes!!