NAS100 Weekly Analysis 1/7
01/07 @ 7:00 pm EST
1. Beach Levels
M +1 16250
W 5/8 16250
D 6/8 16250
4H 1/8 16328.1
1H 1/8 16328.1
M30 5/8 16347.7
2. Waves
Day: OS Buying; O OB Selling
4H: OS Buying
1H: Mid Buying
M30: OB Buying; O MId Buying
3. Channels
M- Bullish; BTW Middle & Bottom
D- Bullish; B/o Downside
4H- Bullish; Bottom
1H- Bearish; Top
M30-
4. Fib
Day Buy Fib 8/21
Hit -38.2 extension
4H Buy Zone
50 @ 15530.6
61.8 @ 15186.1
H1 Buy Zone
50 @ 16350.2
61.8 @ 16199.0
M30 Sell Zone
50 @ 16599.4
61.8 @ 16686.5
1/7
Currently in 1H buy zone + 23.6 of 4H fib. Waves are buying on 4H +1H TF. Wait for the price to break out of the 1H channel to the upside. If you want to wait on BOS can wait for the price to break above the 16420 area, possibly placing SL around 16310 (Below the major zone). Also can use value zone or commitment cross for confirmation of entry. Possible TPs @16484.4 @16562.5 @16640.6 @16718.8.
Opinion: This analysis is for education purposes only and is just my opinion, this is not a trade idea.
1. Beach Levels
M +1 16250
W 5/8 16250
D 6/8 16250
4H 1/8 16328.1
1H 1/8 16328.1
M30 5/8 16347.7
2. Waves
Day: OS Buying; O OB Selling
4H: OS Buying
1H: Mid Buying
M30: OB Buying; O MId Buying
3. Channels
M- Bullish; BTW Middle & Bottom
D- Bullish; B/o Downside
4H- Bullish; Bottom
1H- Bearish; Top
M30-
4. Fib
Day Buy Fib 8/21
Hit -38.2 extension
4H Buy Zone
50 @ 15530.6
61.8 @ 15186.1
H1 Buy Zone
50 @ 16350.2
61.8 @ 16199.0
M30 Sell Zone
50 @ 16599.4
61.8 @ 16686.5
1/7
Currently in 1H buy zone + 23.6 of 4H fib. Waves are buying on 4H +1H TF. Wait for the price to break out of the 1H channel to the upside. If you want to wait on BOS can wait for the price to break above the 16420 area, possibly placing SL around 16310 (Below the major zone). Also can use value zone or commitment cross for confirmation of entry. Possible TPs @16484.4 @16562.5 @16640.6 @16718.8.
Opinion: This analysis is for education purposes only and is just my opinion, this is not a trade idea.
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