US100 (Nasdaq 100) Analysis – Daily & 4H Timeframe
Key Demand Zone: 17,679.0, where buyers are likely to step in.
Liquidity Sweep: Occurred at 17,676.7, indicating possible stop-loss hunting before a reversal.
Expectation: Price is likely to revisit the demand zone and reverse if buyers show strength.
Trade Plan
Entry Strategy: Wait for bullish confirmation (e.g., rejection wicks, bullish engulfing, or a break of structure on lower timeframes).
Stop-Loss: Placed below 17,676.7 to avoid further liquidity grabs.
Take-Profit Target: Next supply zone or resistance level based on structure.
Risk Management: Consider scaling in with partial entries instead of going all in at once.
Key Demand Zone: 17,679.0, where buyers are likely to step in.
Liquidity Sweep: Occurred at 17,676.7, indicating possible stop-loss hunting before a reversal.
Expectation: Price is likely to revisit the demand zone and reverse if buyers show strength.
Trade Plan
Entry Strategy: Wait for bullish confirmation (e.g., rejection wicks, bullish engulfing, or a break of structure on lower timeframes).
Stop-Loss: Placed below 17,676.7 to avoid further liquidity grabs.
Take-Profit Target: Next supply zone or resistance level based on structure.
Risk Management: Consider scaling in with partial entries instead of going all in at once.
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.
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.