NAS100
25 July 2022
Trade Plan
Instrument: NAS100
Timeframe: H4
Description
Price appears to lose momentum for a bullish move at price handle 12942,70 suggesting failure of bullish move. Hence the Projected C leg of Bearish Cypher pattern is likely to be invalidated.
That means, price is likely to revisit 11284.8-11069.4 support zone. If the zone is broken, we will be looking for yet another bullish move at price range10814.90-10080.80 area.
DISCLAIMER
Charts are EDUCATIONAL, not INVESTMENT recommendation
Specifically, price is likely to develop a Bearish continuation move this week.
Order cancelled