Short
NAS100 POSSIBLE SHORT BEFORE LONG!
Hello Traders,
I hope you all are doing great
I'm expecting a retracement of the price before we go long
As you all can see that market has formed a Re-accumulation Schematic (I didn't pin point every single thing or term of the schematic)
And as market broke the AR or SOS, so I'm expecting a retracement of the price to fill out any imbalance in the market to go higher in a stable or impulsive way
I've got 2 major OB's i.e. a 4HR and 2HR
Maybe price can continue move higher but eventually market will need to come down to fill out imbalances and mitigate the IC move.
I hope you all are doing great
I'm expecting a retracement of the price before we go long
As you all can see that market has formed a Re-accumulation Schematic (I didn't pin point every single thing or term of the schematic)
And as market broke the AR or SOS, so I'm expecting a retracement of the price to fill out any imbalance in the market to go higher in a stable or impulsive way
I've got 2 major OB's i.e. a 4HR and 2HR
Maybe price can continue move higher but eventually market will need to come down to fill out imbalances and mitigate the IC move.
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