Greetings Traders!
Brief Description🖊️:
Currently, on NAS100USD, I am anticipating a potential bearish draw in price action. The M15 chart has shown the beginning of a bearish decline, and it’s crucial to follow the market's trend until signs of reversal appear. One key confluence is the respect of an H4 bearish order block, establishing a firm resistance zone.
Things I Have Seen👀:
Bearish Targets🎯:
Weekly FVG (19,760.8): This is the primary target for the bearish continuation.
What's Important Now❗
Monitor price action around the M15 FVG and bearish order block for confirmation before entering. Ensure to conduct your own analysis to validate this outlook.
Best Regards,
The_Architect
Brief Description🖊️:
Currently, on NAS100USD, I am anticipating a potential bearish draw in price action. The M15 chart has shown the beginning of a bearish decline, and it’s crucial to follow the market's trend until signs of reversal appear. One key confluence is the respect of an H4 bearish order block, establishing a firm resistance zone.
Things I Have Seen👀:
- H4 Bearish Order Block Resistance🟥: Price is respecting this zone, confirming it as strong resistance.
- M15 Buy Stops Cleared✅: Price cleared M15 buy stops above the resistance before reversing, indicating smart money engineered liquidity before driving price lower.
- M15 FVG & Bearish Order Block: These are the zones where I will be waiting for confirmation entries.
Bearish Targets🎯:
Weekly FVG (19,760.8): This is the primary target for the bearish continuation.
What's Important Now❗
Monitor price action around the M15 FVG and bearish order block for confirmation before entering. Ensure to conduct your own analysis to validate this outlook.
Best Regards,
The_Architect
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。