NAS100 Analysis, 17 April 2024
Daily: A bearish MSS has been formed in the Daily TF, & Daily ERL has been taken. So the trend is clearly bearish now.
As there are unmitigated D-IRL, so the price could go upside towards that level then starts falling again towards the Daily LRLR.
H1: there are H1-FVG above the D-DVG aligned with OTE so currently we could anticipate that the price will move up to take the H1-FVG then starts falling.
I would like to short it from that H1-FVG, if I get any bearish setup.
As there are unmitigated D-IRL, so the price could go upside towards that level then starts falling again towards the Daily LRLR.
H1: there are H1-FVG above the D-DVG aligned with OTE so currently we could anticipate that the price will move up to take the H1-FVG then starts falling.
I would like to short it from that H1-FVG, if I get any bearish setup.
Penafian
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