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pGMagic
Nov 11, 2023 7:30 PM

NAS100 Daily Time Frame Analysis  Short

US Tech 100 IndexPepperstone

Description

At the Close on Friday, Price ran up into sell Side Liquidity (Red Line I drew) + a Bearish Order Block (Red Rectangle I drew) and Price Closed Just Below the Sell Side Liquidity.

Expecting it to Pull back to at least the 50% Fib (Which is the Blue line around 15399) Or possibly go a bit lower inside of the Break Block (Which is the nearest Yellow Rectangle I drew) And Then Start trading Higher again Targeting the next High Sell Side Liquidity, (Which is the Highest Red Line I Drew)
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