NAS100 USD NQ1! NASDAQ 2022 FEB 28 week

27 ก.พ. 2022

NAS100 USD NQ1! NASDAQ 2022 FEB 28 week

Last week's short on break of boundary was fruitful, with price
reaching a major demand area. Thereafter, demand came in
strongly to protect their position, presenting to us a wonderful
long opportunity.

Preference will be to long on retracement.

Scenarios:
1) If market comes down on low volume, look for long when price
finds support.
2) Supply overcome demand for short

Weekly = Average volume down bar closing off low = some demand,
but weakness still present.
Daily = High volume shakeout followed by average volume up bar
closing at high = Strength
H4: Very High Volume up bar closing at high = Strength.

Price reaction levels:
Short on Test and Reject | Long on Test and Accept

16767 16481 15992
15492 15160 14180
13700 13246 13025

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Have a profitable trading week ahead.