NAS100...Ever The Bullish Instrument Part 3This week we are back in our favorite consolidation Zone...Right above the 78%.
As you should have seen by now even with last week's sell off, the price only created a new HL on the daily timeframe before shooting right back above the previous HH set on October 14.
This confirms my bullish bias, that although the market is consolidating, the moves still favor the bulls as the trend is always your friend.
This type of movement however, does create opportunities for sellers also as you would have seen from last week's move, however they should be traded only with the proper experience.
If you are not comfortable identifying the start and end of a bearish retracement, your best bet is to wait for your largest HL and keep buying the trend for the HL's to the HH's.
For this week:
1. Continue trading the HL's to the HH's
2. Continue to learn the correct keys for the certification moves for more swing trade entries.
3. Remember Mondays, Tuesdays, and sometimes Wednesdays are the days the market takes to
Create it's upper and lower zones and Thursdays to Friday's complete the current trend
moves.
Have a great week.
#auberstrategy
#aubersystem
#whywewait
#zigzagtheory
#patience
#masteryourcraft.
