NAS100 10/9/23
N1 has a pretty clean swing range to the upside, but iam personally not sire if I like the way we are correlating against our other pairs, this of course does not dictate our trade or our bias but its always worth keeping in mind for now as if we see a clear shift at open today this could definitely give us a clue as to our overall direction within this range, as it stands iam looking at this lower POI for a buy move. iam really looking for this within our first session of the week as i think spending to much time in our higher end of this range will lesser the chance of a clear play out lower, so for me il be using caution on this one.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
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