Hi guys looking from daily timeframe nas100 has been correcting down to retest previous low and now that it has and gave us a third touch confirmation on support its buying so from just looking it was in a descending channel on daily timeframe and broke out impulsive .
Going to 4 hour i spotted that we had an impulsive move then market corrected giving us our descending pattern that was signaling market is going to be bullish and it broke out impulsive confirming direction for buyers.
Then as i moved to 1 hour market after breaking daily structure retested and started going up as it created a running channel and gave us buying opportunities then overall broke out our resistance around 14393,2 and closed above ,so now I'm looking for market to retest and progress to the up side and after reaching resistance around 14679,4 reject coming to retest our support giving us buying opportunities .
So overall nas100 is bullish looking for more buying opportunities .
Going to 4 hour i spotted that we had an impulsive move then market corrected giving us our descending pattern that was signaling market is going to be bullish and it broke out impulsive confirming direction for buyers.
Then as i moved to 1 hour market after breaking daily structure retested and started going up as it created a running channel and gave us buying opportunities then overall broke out our resistance around 14393,2 and closed above ,so now I'm looking for market to retest and progress to the up side and after reaching resistance around 14679,4 reject coming to retest our support giving us buying opportunities .
So overall nas100 is bullish looking for more buying opportunities .