NAS100...Pre-Bull Party

Today I got a taste of NAS100's intent for at least the first half of the week.

After closing at a H1 oversold Low on Friday and a H4 Low, it was clear that a retracement clause was activated and it didn't take long after the market open on Sunday evening for the price to start it's upward trek.

At 3:00 am on Monday, price found temporary resistance by making a LH on the H1 and dipped to take out liquidity between 7:00 am - 8:00 am before resuming it's modest bullish trend.

It only made it to the 23% retracement mark during the noon session before starting it's daily retracement for another setup.

What that means for me is that I am awaiting another entry for the buy as I am well aware that the H4 has not completed it's high and also the H1 will complete it's HH and so my bias right now is bullish.

I am expecting this NAS100 will be bullish until the Day completes its technical LH (HIGH) @ around 15628.65 before restarting the "bearfest"

As usual no setup = no trade.

Right now I need the perfect LOW(HL) to be able to get back in for my 2nd trade of the week since I am expecting the HL/HH to complete the larger timeframe HIGHS.

#auberstrategy
#whywewait
#nas100
#finishthemove

Trade active

As expected NAS100 is continuing it's upward move towards the H4 HIGH which will translate into a HH on the H1 timeframe.

There were several opportunities for entry during Asian session and based on what I am seeing, the ultimate TP should be around the 15638.50 depending on the chart you are using, it should be very close.

Here are my reasons for this conclusion:

1.The H1 started its move from a LL yesterday morning and will terminate on a
HH

2. The H4 completed its High to Low move and is now buy back from its newly
completed High it made in conjunction with the H1 LL.

3. The last resistance breakpoint for the H4 was the previous High at 15538.65
(Depending on the chart you are using on trading view).

4. The Daily also completed a HL yesterday and since it is coming from an
oversold LOW that was made on August 17, we know it will continue working its
way up to make a new HIGH and the previous resistance level is my TP of
15638.65

After those conditions have been met, then I will start looking for sell opportunities.

Right now my bias continues to be Bullish as I wait for those required Highs to be completed.

As usual;
No setup = No trade
#auberstrategy
#whywewait
#finishthemove

Trade active

I am still in my buy that started yesterday as I have yet to see the H1 make the required HIGH before any selling will resume.

I am glad my consistency is playing off as I wait patiently for my required entries and exit at the right points so that even if my initial analysis is off, I am still trading the HIGHS to LOWS and LOWS to HIGHS

no setup = no trade

Current Trade;

Entry = 15153.85
Target = H1 HIGH

Trade active

Here is my rationale for still holding this buy started yesterday afternoon.

1. EMA/MA crossed for the buy at a H1 LH
2. The H1 still has not made it's High

No setup = No Trade
#finishthemove
#auberstrategy

Trade active

TP 15353.36

Trade active

adjusted TP 15355

Auberstrategy

Be the exception...not the rule.
t.me/+FsHQuOngCYFiZmYx

Also on:

Auberstrategy

Be the exception...not the rule.
t.me/+FsHQuOngCYFiZmYx

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.