NAS100USD_High Probability Continuation Shorts

NAS100USD [NASDAQ]

WTF
- Bearish in Structure, PA having found Resistance at WTF Trading Range High
- Current WTF Candle Closed as a Bearish/ Sellers Signal Bar, i.e. Bearish Engulfing Candlestick
- With the Bar Closing at the Bottom is an indication of strong Sellers intent to drive price lower,

DTF
- Bullish in Structure after DTF_CHOCH finding area of Resistance @ WTF Trading range Highs/ Resistance
- With DTF_CHOCH @ Area of Resistance, LH DTBreaking below Area of Support
- Has to be noted that PA CHOCH drive for a possible search for a HL
- With the DTF Candle closing on its low, LTF DB, & with DTF_CHOCH, expected is PA to likely to search for a DTF LH for possible Continuation Shorts

H4
- Bearish in Structure
- PA currently @ closed of Trading Day, in a TR creating Equal Highs and LL's closing with a DB @ an Are of Support, i.e. Area of Demand/ Liquidity

Trend Analysis

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