NAS100USD: Anticipating Bullish Shift in Range-Bound Market
Greetings Traders!
In today’s analysis of NAS100USD, we observe price consolidating within a range. While the overall sentiment remains bearish, I anticipate a bullish reversal aligning with projections from yesterday's analysis.
Key Observations
Discount Price Accumulation:
Price is currently trading at discount levels where institutions have consistently targeted sell stops. These stops are being order-paired (bought against), signaling institutional accumulation in preparation for a move toward premium prices.
Engineered Liquidity Above Resistance:
The Resistance Zone has been identified as Engineered Liquidity, where buy stops (stop losses, pending orders, etc.) reside. This liquidity pool is a prime target for institutions to sell off their positions against willing buyers.
Institutional Profit Targets:
Institutions that accumulate long positions at discounted levels will look to book profits in premium zones, aligning with our strategy to target liquidity pools above the current resistance.
Trading Strategy
Entry Zones:
Focus on buying opportunities at key institutional support levels in the current range, awaiting confirmation of bullish price action.
Targets:
The primary objective is the liquidity pool above the Resistance Zone, as institutions are likely to drive price into this area for profit-taking.
For further insights into the rationale behind this bullish bias, refer to yesterday’s detailed analysis.
Yesterdays Analysis:
Stay vigilant and patient for confirmation before executing trades and make sure to do your own research before investing.
Kind Regards, The Architect
交易進行
Entry
Risk= 1%
Target= 3%
Refer:
Happy Trading,
The_Architect
交易結束:目標達成
TP Hit
Profit= 3%
Refer:
Kind Regards,
The_Architect
註釋
TARGETS REACHED!
The analysis proved to be correct and all the targets were reached as expected. I explained in the description that although we were bearish, we would anticipate a bullish reversal in price action.