NAS100USD how are yall so sure of where this is going via london session snail moves ? lol these little moves get washed at ny open just be patient and take what u can . at newyork open she will show her true color
US100 Swing Traders: In the last 12 trading sessions the NAS has not created one HH HL on the Daily TF. In that time the only two daily highs were printed but they came with lower lows and engulfed the previous days candle…to be bullish we need to have at least one HHHL on the Daily and break and retest last weeks high to confirm it….All bullish price structures are STILL BROKEN up to and including the MONTHLY timeframe. Some may have noticed that when price tapped 20100, a Daily FVG was filled and quickly came back to 20500 to test would come become a Confirmed Weekly Double top neck line from underneath. Price has been consolidating at this price all week…… However, there is now a large selling FVG between 21069 and 21500 on the Weekly TF but there is still a buying Weekly FVG to 19600. Now it’s up to the market to decide what liquidity it is turned on more by…..let’s see what happens. Good luck!
NAS100USD This appears to be a sell trap. Price imbalance favors longs, with a 100-tick gap, indicating that the current downtrend isn’t aligning with the real value (20589) of the underlying stocks.