NAS100 SHORT H1BREAK & RETESTPRICE IS SHOWING SIGNS OF SHORT REVERSAL TO POSSIBLE TOUCH THE TREND LINE TO THE UPSIDE.
WE NEED TO SEE PRICE BREAK STRUCTURE. CANDLE STICK CONFIRMATONS ARE BEARISH SPINNING TOPS ON H1 AND THE 15M
BOS
Analysis EUHello traders, EU looking well. However News will be going ON APRIL 7. If we get a drop before the 7th then we should be expecting a drop. However if not it might go right through and then recover. Despite that, EU looking really bright with the multiple timeframe of divergence and BOS(break of structure). Another proof that I see is the engulfing candle on the 4hr. Now we are expecting a retracement at the moment. Thanks for reading !
Agressive BuyI was going to wait for a break but I changed my mind and still buy bias
My confluences
1. 3RD trend line touch
2. 1.8 sup touched at the same time
3. Buyers market
4. 1 hour candle is a bullish piercing line
5.-25/-27 retracement and the 61.8% retrace match up perfectly with TP( quarter level theory ) and structure
6. on the 4 hour we see a lot of bearish engulfing patterns, I mean they are huge, But they aren't bringing price down so I think there's a lot of liquidity of sellers that are going to be collected
Things that can go wrong
1.StopHunt
2.My SL is to tight
3. I am wrong
4.Bad timing in the market
5.fundemtnal
6. My buy limit already got hit so am good actually
This a super aggressive trade with a aggressive SL.