Weekly Expectation for NAS100

4 Jun 2023

Expecting a retracement after the 30 Min completes it's HH after covering the NFP candle from Friday 6/2... After this happens the sell should continue to facilitate a HL on the daily time frame before the buy resumes.

Market is still in master structure of HL/HH on the monthly TF.

In order for the buy to continue...the retracement needs to happen NAS100USD

5 Jun 2023

Nota

Early consolidation for the retracement setup as the M45 completed it's HL, the M30 signaled the HH, however it still has not gone back to cover the 8:30 candle from Friday June 2, 2023.

Also the H1 timeframe still has not registered it's HH to facilitate the retracement sell and so I am still holding and waiting before closing and taking sells towards the Daily HL.

5 Jun 2023

Dagangan aktif

So just like I mentioned, the market went up to complete the HH on the M30 and the H1 and as such created the perfect opportunity for the retracement sell.

The trade is still active as I now await the HL on the Daily timeframe before it goes back in trend to make the HH on the daily timeframe.