NASDAQ NAS100 Analysis: Three-Drive Pattern, VWAP & Trade Plan

📊 The NASDAQ 100 has been riding a strong bullish trend, pushing higher with relentless momentum. On the daily timeframe, price now looks heavily overextended 📈.

🔎 Zooming into the 4-hour chart, the overextension is even more apparent. In trending markets, we often observe a three-drive pattern (sometimes a fourth) before an aggressive correction occurs.

⚡ I’m keeping an eye out for a sharp pullback. If price finds support and confirms with a bullish break of market structure, this could present a high-probability long entry setup 🚀.

📹 In the video, I also dive into how I use the VWAP and Fibonacci retracement tools. Both are powerful indicators that provide valuable insight and a trading edge 🔧.

⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Always trade responsibly and manage your risk.