NAS100 has left alot of imbalance unfilled after this rally.
We are currently seeing alot of rejection on lower timeframe to the current zone where price is ranging.
If you look at that strong push up, there's way too many buyers and liquidity resting below for it to go even higher then where it currently is.
We have now formed a 30 min order block which has formed, with a break of structure confirming that 30 min Order Block. We are currently at a supply zone but liquidity rests both below and above, also adding confluence to my bias.
Now we just need to wait for price to either take out that BUY SIDE LIQUIDITING or react to that 30 min OB during tomorrow NY open. Now we wait patiently.
We are currently seeing alot of rejection on lower timeframe to the current zone where price is ranging.
If you look at that strong push up, there's way too many buyers and liquidity resting below for it to go even higher then where it currently is.
We have now formed a 30 min order block which has formed, with a break of structure confirming that 30 min Order Block. We are currently at a supply zone but liquidity rests both below and above, also adding confluence to my bias.
Now we just need to wait for price to either take out that BUY SIDE LIQUIDITING or react to that 30 min OB during tomorrow NY open. Now we wait patiently.