US Nas 100
Long
Updated

NAS100USD: Anticipating Bullish Shift in Range-Bound Market

Greetings Traders!

In today’s analysis of NAS100USD, we observe price consolidating within a range. While the overall sentiment remains bearish, I anticipate a bullish reversal aligning with projections from yesterday's analysis.

Key Observations
  • Discount Price Accumulation:

Price is currently trading at discount levels where institutions have consistently targeted sell stops. These stops are being order-paired (bought against), signaling institutional accumulation in preparation for a move toward premium prices.
  • Engineered Liquidity Above Resistance:

The Resistance Zone has been identified as Engineered Liquidity, where buy stops (stop losses, pending orders, etc.) reside. This liquidity pool is a prime target for institutions to sell off their positions against willing buyers.
  • Institutional Profit Targets:

Institutions that accumulate long positions at discounted levels will look to book profits in premium zones, aligning with our strategy to target liquidity pools above the current resistance.

Trading Strategy
  • Entry Zones:

Focus on buying opportunities at key institutional support levels in the current range, awaiting confirmation of bullish price action.
  • Targets:

The primary objective is the liquidity pool above the Resistance Zone, as institutions are likely to drive price into this area for profit-taking.

For further insights into the rationale behind this bullish bias, refer to yesterday’s detailed analysis.

Yesterdays Analysis:
NAS100USD: Are We Witnessing the Start of a Bullish Takeover?


Stay vigilant and patient for confirmation before executing trades and make sure to do your own research before investing.

Kind Regards,
The Architect
Trade active
Entry
Risk= 1%
Target= 3%

Refer:snapshot

Happy Trading,
The_Architect
Trade closed: target reached
TP Hit
Profit= 3%

Refer:snapshot

Kind Regards,
The_Architect
Note
TARGETS REACHED!

The analysis proved to be correct and all the targets were reached as expected. I explained in the description that although we were bearish, we would anticipate a bullish reversal in price action.

Refer:snapshot

Happy Trading,
The_Architect

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