NAS100USD 2023 09 08

Güncellendi
Bias: Longs
R:R 3:1
Confluences
Macro
Weekly - Previous candle broke ABOVE Q2 High key level @ price zone 15290.0, current
week candle retesting said key level.
Daily - Q2 high (15290.0) is also considered as a Daily Key level as well. With that being said,
this is a structural break and retest off of said Q2/Daily Key level (very similar to
what had happened to the previous trade on SPX500USD)
Daily - Fair Value Gap fill and encroachment area retest from yesterday's candle
(encroachment area lines up nearly with Q2 high/Daily key level)
4h - Fair Value Gap fill and encroachment area retested on this timeframe as well
Micro
1h/30m - Break Above and Retest off of current symmetrical Triangle market
pattern on intra day timespan
30m/15m - Current week Wednesday and Thursday US session(s) used as entry zone
15m - Entered the market on this timeframe

Remarks: Almost identical to previous trade's (SPX500USD) overall confluences as both indices have a DIRECT correlation towards each other.
Not
Monitoring the rest of position on the 4h chart ONLY.
İşlem elle kapatılmış
Little to no sign of continued bullish momentum, therefore position closed early to mitigate further risk.
Technical Indicators

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