In today’s analysis of NAS100USD, we reflect on yesterday’s high volatility, which triggered a significant displacement to the downside. Such strong movements often leave inefficiencies in price action that may be revisited in the near future. However, the prevailing bearish institutional order flow suggests opportunities to capitalize on selling setups.
Key Observations:
1. Consolidation in Premium Zones: Currently, price is consolidating at a premium level, providing an optimal zone to initiate sell positions. Following the principle of selling in premium and buying in discount, this setup aligns with institutional trading strategies.
2. Bearish Momentum: The bearish structure remains intact, reinforcing the likelihood of price continuing its descent toward discount zones.
3. Potential Reversals in Discount: When price reaches discount levels, it is possible for a reversal back into premium zones. This necessitates a strategic and observant approach to anticipate the next market move.
Trading Strategy:
Entry: Seek confirmation to sell at premium levels during this consolidation phase.
Target: Discount zones, where sell-side liquidity resides, will serve as the primary profit-taking area.
As always, remain vigilant and adaptive to market dynamics. If you have insights or questions, feel free to share them in the comments. Let’s learn and grow together!
Kind Regards, The Architect
Trade closed: target reached
Scalp Trade
Risk= 1%
Target = 1%
Refer:
Regards,
The_Architect
Note
As outlined in the analysis above, we are currently in a consolidation phase. Having sold into discount prices, the next step is to look for buying opportunities to target premium prices, provided we receive clear confirmation to proceed. Otherwise, we remain patient and wait for the market to reveal its intentions.
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.