Crucial level for nas100
Even though there is and obvious head and shoulders on the daily chart which is a strong bearish indication. The price is still on a strong support level. I’m looking for a break of support or bearish continuations on lower time frames going into tomorrow or a buy setup since this is a strong support level. Will let the price show me what it wants to do when some volume comes into the market but I’m leaning towards sells. Lower time frames have created a support level but if it fails to hold I’m going with the sell.
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Buyers have showed up threw london and now coming up to a minor high at 14850. There is a large price range that the price can climb and still remain bearish on higher time frames and also alot of liquidity resting above equal highs at 15250. I can see continuation of the buys threw new york session especially if we break 14850.
Buyers have showed up threw london and now coming up to a minor high at 14850. There is a large price range that the price can climb and still remain bearish on higher time frames and also alot of liquidity resting above equal highs at 15250. I can see continuation of the buys threw new york session especially if we break 14850.
ความคิดเห็น:
last update
we can see buyers are in the market and liquidity has been taken above 14850. for me to hold buys (buyer bias) I want to see a closure above 14850. If lows start to be broken ill go back to sells. especially below 14700. Its a friday so I wouldnt look to get in positions this late in the day but if you got in buys around london session and my first update, you made profit.
last update
we can see buyers are in the market and liquidity has been taken above 14850. for me to hold buys (buyer bias) I want to see a closure above 14850. If lows start to be broken ill go back to sells. especially below 14700. Its a friday so I wouldnt look to get in positions this late in the day but if you got in buys around london session and my first update, you made profit.
lower time frames showing bulls are trying to step in at higher time frame support. there has been a break of resistance and a retest as support. could just be scalp buy/retracement before further downside. possible buy setup going into london but if support is broken and i see bearish confirmation after retracement im looking for the sell continuation confirmation.