paradox677

NAS100USD 2021 JUL 26 WEEK

OANDA:NAS100USD   US Nas 100
NAS100USD

NAS100USD 2021 JUL 26 WEEK

Scenario 3 was activated when price was supported at 14556, offering long opportunity

Weekly: Wide spread bullish engulfing up bar, no sign of weakness
Daily = Market up on decreasing volume = weakness
H4 = Wide spread up bar followed by upthrust = possible weakness

Strategy:
1) Short on (a) No Demand, (2) Upthrust, (30 Mushroom over
2) Long on retracement
2) Long if immediate resistance 15132 becomes support

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Have a profitable week ahead.

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