📉 NAS100
NAS100
Short Bias Analysis (1H Chart)
The market recently formed a Higher High (HH) followed by a Break of Structure (BOS) to the downside, suggesting a potential bearish shift. This move left behind multiple Fair Value Gaps (FVGs), now acting as supply zones.
Key Points
• Liquidity grab above the HH, followed by strong bearish momentum.
• Two FVGs aligning with short bias.
• Current retracement into inefficiencies offers a potential short entry.
• Downside targets: Discount PD Array and lower FVGs (24,480–24,440).
Trade Idea
• Entry Zone: 24,700–24,750 (upper FVG)
• Stop Loss (SL): Above 24,800 (invalidates bearish idea)
• Take Profit 1 (TP1): 24,560
• Take Profit 2 (TP2): 24,440
Risk management remains key 🔑 if price closes above the upper FVG/BB zone, short bias is invalidated.
Short Bias Analysis (1H Chart)
The market recently formed a Higher High (HH) followed by a Break of Structure (BOS) to the downside, suggesting a potential bearish shift. This move left behind multiple Fair Value Gaps (FVGs), now acting as supply zones.
Key Points
• Liquidity grab above the HH, followed by strong bearish momentum.
• Two FVGs aligning with short bias.
• Current retracement into inefficiencies offers a potential short entry.
• Downside targets: Discount PD Array and lower FVGs (24,480–24,440).
Trade Idea
• Entry Zone: 24,700–24,750 (upper FVG)
• Stop Loss (SL): Above 24,800 (invalidates bearish idea)
• Take Profit 1 (TP1): 24,560
• Take Profit 2 (TP2): 24,440
Risk management remains key 🔑 if price closes above the upper FVG/BB zone, short bias is invalidated.
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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.
Related publications
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.