NAS100 - Divergence Detected 4 Today

3 days ago

Dear Friends in Trading,

1) NFP Today - Be safe.

Keynote:
23860 is a liquidity pool.
Overbought Divergence detected up to 2HR TF.
NFP DATA - Anything is possible.

Let me know if anything is unclear?

I sincerely hope my point of view offers a valued insight.

Thank you for taking the time study my analysis.

2 days ago

Note

I need a breakout and test above 23950

and/or

I need a breakout and test below 23688

2 days ago

Note

For me, it's too high to buy here.
What I do in such a case:

the last 30minute candle you see. Draw a rectangle in FVG, extend to the right a bit.

If price comes down and tests the FVG a few times and rejects/holds price confirming demand it is a high probability that it will act as support for continuation.
If price falls through FVG upon testing and closes below it might serve as a resistance.
A few upward rejections are needed for this. At least 15minute TF.

2 days ago

Note

Wait for 15minute or 30minute or 1Hour, even better - candle body to close below 23688

2 days ago

Note

Wait another 4 minutes, let's see if price will retest breakout.
I want23688 - 23704 area to reject when testing

2 days ago

Note

Giant 30minute candle caused by the liq. sweep. I need a test and rejections at 23700 area for short entry

2 days ago

Note

Frustrating I know...but I don't enter without rejections-"WICKS DON'T LIE"
alternative option if you have the guts for it is to enter when price fell through "EVENT" candle - 30minutes

Feels like the train left without me...but I was just not buying above 23704 as a rule.
Hopefully we get a nice test and reject back up to breakout area

2 days ago

Note

Sorry, I mean I just was not selling above 23704☝️

2 days ago

Note

Possible sell entries: FIB - We have a large BEAR 1Hour signal / igniter candle.

38.2% - 23620
50% - 23665
61.8% - 23715

Not sure if it will reach these TP's today:
TP1: 23250
TP2: 23000

2 days ago

Note

Rather sell to 23440 only, today. 1HR and 2 HR is supported by 200sma.
Monday will bring new opportunities.

2 days ago

Note

I will update on Monday, I hope it helped someone a little bit.

I just share what I do and see in real time.