NAS100 Areas of Interest
NAS100 Areas of Interest.
We have just recently tapped a broken area of structure, and a bullish order block, and we are seeing multiple rejections to the upside.
I believe that this will be a sell to buy scenario, and it is important to monitor the two sell areas marked on the chart. I am much preferring to top zone though, as it usually comes back to fill that area before making a real move to the downside.
Indices in general are losing their power, and it could be a nice hold. Should we see another market crash, it would be lovely to have this sell position!
As always, monitor these zones on the smaller time frame, and look for a shift in momentum to the downside.
Good luck.
We have just recently tapped a broken area of structure, and a bullish order block, and we are seeing multiple rejections to the upside.
I believe that this will be a sell to buy scenario, and it is important to monitor the two sell areas marked on the chart. I am much preferring to top zone though, as it usually comes back to fill that area before making a real move to the downside.
Indices in general are losing their power, and it could be a nice hold. Should we see another market crash, it would be lovely to have this sell position!
As always, monitor these zones on the smaller time frame, and look for a shift in momentum to the downside.
Good luck.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.