NAS100 is setting up for a potential short term short — and the confluence is clean enough to take seriously.
Here is what has printed:
A weekly Engulfing Bar Pattern has formed after sweeping the Previous Month High. That PMH sweep is the liquidity grab — classic IRL confirmation before a reversal. The weekly EBP is the signal.
Price is now trading into the Daily FVG + PDH zone. This is the area I expect to print the high of the week — Tuesday or Wednesday as the weekly profile plays out.
This is a counter trend trade against the higher timeframe bullish bias — so I am not swinging this to major targets. The play is clean and specific — short from the Daily FVG + PDH sweep zone targeting the Weekly EBP Low at 28,735.
One level in, one level out. Weekly profile delivery.
Bias: Short term bearish — counter HTF trend
Entry zone: Daily FVG + PDH sweep — Tuesday/Wednesday
Target: Weekly EBP Low 28,735
Invalidation: Daily close above PMH zone 30,471
Not financial advice — just my analysis.
Here is what has printed:
A weekly Engulfing Bar Pattern has formed after sweeping the Previous Month High. That PMH sweep is the liquidity grab — classic IRL confirmation before a reversal. The weekly EBP is the signal.
Price is now trading into the Daily FVG + PDH zone. This is the area I expect to print the high of the week — Tuesday or Wednesday as the weekly profile plays out.
This is a counter trend trade against the higher timeframe bullish bias — so I am not swinging this to major targets. The play is clean and specific — short from the Daily FVG + PDH sweep zone targeting the Weekly EBP Low at 28,735.
One level in, one level out. Weekly profile delivery.
Bias: Short term bearish — counter HTF trend
Entry zone: Daily FVG + PDH sweep — Tuesday/Wednesday
Target: Weekly EBP Low 28,735
Invalidation: Daily close above PMH zone 30,471
Not financial advice — just my analysis.
Trade closed: target reached
Played out EXACTLY as expected to the T just look at the 4h candle. No retrace straight to tp within 1h. Well done if you took it ! 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.