NASDAQ100 - Bullish ??Perfect — now we’re on the 4H timeframe, which is great for refining entries. Let’s break this down again with the three frameworks:
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1. Smart Money Concept (SMC)
Key Elements:
• CHoCH (Change of Character) — clearly marked after price broke above a short-term structure, shifting market sentiment bullish on 4H.
• EQH (Equal Highs) — potential liquidity resting above; smart money may target these.
• BOS (Break of Structure) — further confirms internal bullish structure.
• Order Block (OB) or Demand Zone in the green box (~17,700–18,200)** — price respected this zone strongly after BOS, indicating smart money accumulation.
SMC Bias (4H):
• Currently bullish, moving from demand to premium pricing.
• Price is forming higher highs and higher lows post-CHoCH.
• Liquidity pool above EQH near 19,000 is likely next target.
• Potential long re-entry if price returns to demand zone (18,000–18,200).
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2. Elliott Wave View (Micro Count on 4H)
• If this is part of Wave 4 retracement on the Daily, this current 4H rally could be subwave A or B of the corrective structure (flat, zigzag, triangle).
• Alt. view: This may be Wave 1 of a new impulsive move upward if macro bearish bias gets invalidated.
• Current price action looks impulsive — strong vertical move (potential Wave 1 or 3).
If impulsive structure:
• Wave 1: 17,000 → 18,900
• Wave 2: pullback to ~18,100 (near OB)
• Wave 3 underway — targetting >19,000
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3. Dow Theory (on 4H)
• Short-term trend is now up: Higher high confirmed post-BOS, and higher low formed.
• To maintain bullish structure, price must not break below 17,900 (demand zone).
• Confirmation of strength if we break above 19,000 — forming a higher high again.
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Trade Idea (4H Setup) — Bullish SMC Entry
Entry (Buy Limit): 18,150 (mid-demand zone)
SL: 17,750 (below OB)
TP1: 19,000 (liquidity above EQH)
TP2: 19,800 – 20,200 (Daily supply zone)
RR Ratio: ~1:3+
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