US Tech 100
Long

NAS100 - Updated Trader Edge

73
I will appreciate some feedback please🙏

🎯 KEY PIVOT ZONE
BREAKOUT LEVEL: 24,780.0-24,840.0

➡️Massive HVN cluster (6+ stacked bars) with 3 POC convergence at right edge of VRVP
➡️Untested high-volume zone at all-time high area, no meaningful price rejection history above
➡️48.4 points above current price - price approaching breakout territory

📊 PRICE TARGETS

UPSIDE TARGETS ⬆️
🎯T1: 24,780.0-24,840.0 (Breakout through primary HVN)
🎯T2: Breakout continuation into discovery above 24,900.0

DOWNSIDE TARGETS ⬇️
🎯T1: 24,360.0-24,420.0 (Primary Demand)
🎯T2: 24,180.0-24,240.0 (Secondary Demand)

⚡💎⚡ EDGE - HIGHEST PROBABILITY PLAY
Long from 24,680.0-24,720.0 pullback zone targeting breakout through 24,780.0-24,840.0
then continuation above 24,900.0

🔍 PRE-ENTRY CONFIRMATION SIGNALS
✅ Strong bullish momentum on approach to 24,780.0 with volume expansion
✅ Break above 24,780.0 with conviction or successful retest of 24,720.0 as support
✅ Continuation candles closing above 24,800.0 confirming breakout strength

📈 TRADE SETUP
🟢PRIMARY BIAS: BULLISH-BREAKOUT

Long Setup:
🆗Entry: 24,680.0-24,720.0 on pullback
OR
🆗Entry: 24,780.0+ on breakout confirmation
Stop Loss: 24,640.0
🎯Target 1: 24,840.0-24,880.0
🎯Target 2: 24,960.0+
Risk/Reward: 1:2.0 / 1:3.5

🔄 BIAS FLIP CONDITIONS
🔴TURNS BEARISH IF:

✅Rejection at 24,780.0-24,840.0 with strong bearish engulfing and close back below 24,720.0
✅Break and hold below 24,640.0 with accelerating downside momentum
✅Failed breakout creating lower high below 24,760.0 with distribution

⚡Then Target:
🎯24,360.0-24,420.0
🎯24,180.0-24,240.0

⚠️ RISK MANAGEMENT
Max Risk: 80 points from entry to stop
Position Size: Risk 1-1.5% of capital on breakout plays
Time Stop: Exit by end of session if no follow-through above 24,800.0

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.