Nas was setting up for a great trading opportunity on both sides which is very rare to say the least. There were many confluences to have assisted with indication of buying and selling pressure for the day.
Confluence #1: Triple Top pattern, Price closing below 13361.00 on lower TF, Price closing below the directional bias arrow of 13651.00
Short 7:1
Short 26:1
Long 22:1
Looking plainly at price action and overall technical analysis, there were multiple opportunities to have an edge of the market today.
Happy Tuesday Traders.
Confluence #1: Triple Top pattern, Price closing below 13361.00 on lower TF, Price closing below the directional bias arrow of 13651.00
Short 7:1
Short 26:1
Long 22:1
Looking plainly at price action and overall technical analysis, there were multiple opportunities to have an edge of the market today.
Happy Tuesday Traders.