I haven't posted much for NAS100 as most of my analysis tends to be intraday at the one min level which we can't publish.
this is a rough idea but i wouldn't be surprised to see this signature play off since we are now in Risk On economically.
we have equal lows to the left, a purge below them to take out sell stops would be ideal. Followed by a run above the swing high which would signify a break in market structure. Should that happen, we would be primed for an entry at retracement looking for a FVG or FVG+OB to take us higher and target the phantom trendline retailers see where liquidity lies and take us to the old highs. I tend to see this in the intraday level but price is fractal.
alternatively this market can just explode and tank below and never come back. Use your brain - practice proper risk management.
this is a rough idea but i wouldn't be surprised to see this signature play off since we are now in Risk On economically.
we have equal lows to the left, a purge below them to take out sell stops would be ideal. Followed by a run above the swing high which would signify a break in market structure. Should that happen, we would be primed for an entry at retracement looking for a FVG or FVG+OB to take us higher and target the phantom trendline retailers see where liquidity lies and take us to the old highs. I tend to see this in the intraday level but price is fractal.
alternatively this market can just explode and tank below and never come back. Use your brain - practice proper risk management.