NAS100USD: Transitioning from Sell-Side to Buy-Side Curve
Greetings Traders,
In today’s analysis, NAS100USD has been delivering bearish institutional order flow, characteristic of the sell-side curve. However, bullish institutional order flow is beginning to emerge, indicating a potential shift to the buy-side curve. This creates an opportunity to explore buy setups, provided confluences align with confirmation.
Key Observations: 1.Bullish Order Block as Support:
Price is currently reacting to a bullish order block, which is aligned with a Fair Value Gap (FVG). This confluence establishes a strong institutional support zone.
2.Reclaimed Order Block:
A previously reclaimed order block has been broken to the upside, suggesting that it may now act as support, reinforcing bullish momentum.
3.Discount Pricing:
Price is currently within a discount zone, making it an attractive area to seek buy opportunities with targets at premium liquidity pools.
Trading Plan:
Entry Strategy: Look for confirmations around the bullish order block and reclaimed order block to justify entering long positions.
Targets: Aim for liquidity pools at premium levels, such as highs, where institutions are likely to offload positions.
By aligning with the emerging bullish narrative and observing institutional behavior, we can position ourselves to capitalize on this potential market shift. As always, patience and confirmation are key.
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