Profound_Ambition

NAS100 4 Hour Timeframe:

Profound_Ambition Updated   
PEPPERSTONE:NAS100   US 100 Cash CFD
Looking left price made a beautiful bearish reaction & move down for over 400 pips. Then buyers broke that zone, retested with a strong doji creating support looking left & buys pushed price up over 800 pips. This is showing signs that there will be heavy liquidity in this region when price approaches again. We could see a big swing move there & i will be watching the lower timeframe closely in the critical region for another big move.
Comment:
An absolute perfect retest / reaction from the key level zone of interest mentioned today, & price is already up 200 pips.
Comment:
Update: Over 500 pips price has moved from the zone of interest mentioned, my top analysis for the new year so far (:
Comment:
3rd, & projected target has been reached today (:
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