Here's another setup I'm seeing. Market might come down to retest that support zone again creating a double bottom before shooting up, and it could definitely go against us too, so as always, do use proper risk management.
I'm in on a sell and just entered another one.
Reasons for entry:
* Double Top
* Failed to break above resistance
* That candle pattern thingy there.
If you understand the movement of Nas, you know that there are still lows to retest. But do keep in mind that this trade can go against us so please use proper risk management.
I already took buys all the way down there by that support zone at the bottom. I'd suggest you wait for the current H4 candle to close above the channel before you make your decision to enter but do bare in mind that Nas100 loves to retest and SL hunts are kinda common so please do use proper risk management.