NAS100USD: Retracement to Target Sell Stops Below Support Zone

14 ก.พ.

Greetings Traders,
In today’s analysis on NAS100USD, while the market is currently showing bullish momentum, there are clear signs that we may experience a retracement toward the downside. This move would likely target the discount sell stops below the illustrated support zone, providing an opportunity to align with institutional order flow.

KEY OBSERVATIONS:

• Institutional Resistance Zone: A strong order block has formed, creating a significant resistance level that price may struggle to break through. This order block, coupled with the Fair Value Gap (FVG) beneath it, strengthens the bearish case. These two institutional resistance zones suggest a higher likelihood of a retracement.
  
• Premium Price Zone: Price is currently trading in a premium range, a favorable area to monitor for potential selling opportunities upon confirmation.
  
• Liquidity Target: Our primary target is the discount sell stops resting below an engineered support zone. This zone is a key draw on liquidity, where we anticipate significant institutional interest.
  

TRADING PLAN:

• Entry Strategy: Wait for confirmation before entering short positions at the current premium price level.
  
• Targets: Focus on the liquidity pools below the support zone, particularly the discount sell stops, as these represent the main draw on liquidity.
  

Patience and precision are crucial. By following institutional clues, we can effectively position ourselves for high-probability trades.

Happy Trading!
The Architect 🏛📊

14 ก.พ.

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Position Running
Risk= 1%
Potential Reward= 1%

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Happy Trading,
The_Architect