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paradox677
Jul 24, 2021 1:01 PM

NAS100USD 2021 JUL 26 WEEK 

US Nas 100OANDA

Description


OANDA:NAS100USD

NAS100USD 2021 JUL 26 WEEK

Scenario 3 was activated when price was supported at 14556, offering long opportunity

Weekly: Wide spread bullish engulfing up bar, no sign of weakness
Daily = Market up on decreasing volume = weakness
H4 = Wide spread up bar followed by upthrust = possible weakness

Strategy:
1) Short on (a) No Demand, (2) Upthrust, (30 Mushroom over
2) Long on retracement
2) Long if immediate resistance 15132 becomes support

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Have a profitable week ahead.
Comments
khanzed897
Hi, thanks for the idea. Can you tell me what a mushroom over is please? Thanks in advance!
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