NAS100U - Possible BUY

9 Eki 2022

Higher TF is bearish (downward channel).
Price hits the support zone 11054 - 11187 (previous key level).
4H AO divergence suggesting exhaustion of bears.
4H/D is forming QM (lower low + higher high).

We can open BUY trades at 0.786 zone.
Confirmation on lower tf for sniper entries.

9 Eki 2022

Not

Lower TF:
5min AO divergence - good sign
We wait for 11050 and 11070 Highs to break.
Expect a pullback after for entries.

9 Eki 2022

Not

If price reaches all the way to 10876, I expect a complete u-turn without any other confirmations

10 Eki 2022

Not

Since price failed to break 11070 and continued pushing downward, it reached the 10876 level and made 600 pips bouncing its way up

Closed.