Be aware of the two order blocks on the 4H time frame. If the first one is mitigated then we surely know that Nas100 will complete the Bearish Flag pattern and we start to look for Sells when price rejects the trendline and provides a clear entry opportunity. Lets stay focused.
Be free to ask me anything. Ill be happy to help you.
@Black_Feather, https: If you look on the 30 min chart, theres an inverse head and shoulders pattern. This is a reversal pattern and then again the only drop am expecting will be a retest of the 30 min order block which is my entry point. I dont see any chance for the market to drop all the way to the low of friday.
mitsven22
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There is also a chance for the lower trendline of the desc channel to be drawn touching 10 november and 3 december. In that case it could go south