Nas100 1H Analysis
• Peak Formation 1 = Start of the peak reversal cycle (Level 3 confirmed)
• Peak Formation High (PFH) or Low (PFL) = Price has likely reached the extreme zone and is reversing.
So, when you see:
• An M pattern on your chart
• And Peak Formation 1 on DashFix
It means:
The system has recognized a Level 3 stop hunt and shift, and it’s now marking this area as the potential high of the week (start of reversal cycle).
This is your confirmation zone that:
• The market has likely hit a weekly top
• It’s safe to look for short setups (after confirmation)
• It’s too risky to buy unless proven otherwise
⸻
3. What You Should Do (Execution Plan)
If you see M + Peak Formation 1:
Wait for:
• M pattern completion (two peaks, often 2–3 candles apart)
• 5 EMA & 13 EMA cross down on your entry time frame (M5 or M15)
• TDI confirmation (green crossing red downward near overbought)
• Price breaking the neckline of the M
Enter trade:
• Sell after confirmation (engulfing/rejection candle at M peak)
• Place stop loss above the high (trap candle or second leg)
• Target: 50–100 pips depending on ADR or prior support zones
⸻
4. Extra Tips
• Peak Formation 1 usually appears after New York session fakeouts or early Tuesday/Wednesday
• Avoid entering early during consolidation or inside the Asian range
• Peak Formation 1 = Start of the peak reversal cycle (Level 3 confirmed)
• Peak Formation High (PFH) or Low (PFL) = Price has likely reached the extreme zone and is reversing.
So, when you see:
• An M pattern on your chart
• And Peak Formation 1 on DashFix
It means:
The system has recognized a Level 3 stop hunt and shift, and it’s now marking this area as the potential high of the week (start of reversal cycle).
This is your confirmation zone that:
• The market has likely hit a weekly top
• It’s safe to look for short setups (after confirmation)
• It’s too risky to buy unless proven otherwise
⸻
3. What You Should Do (Execution Plan)
If you see M + Peak Formation 1:
Wait for:
• M pattern completion (two peaks, often 2–3 candles apart)
• 5 EMA & 13 EMA cross down on your entry time frame (M5 or M15)
• TDI confirmation (green crossing red downward near overbought)
• Price breaking the neckline of the M
Enter trade:
• Sell after confirmation (engulfing/rejection candle at M peak)
• Place stop loss above the high (trap candle or second leg)
• Target: 50–100 pips depending on ADR or prior support zones
⸻
4. Extra Tips
• Peak Formation 1 usually appears after New York session fakeouts or early Tuesday/Wednesday
• Avoid entering early during consolidation or inside the Asian range
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.