Pattern: trend
Entry: at nas100 current price we have no entry. we must wait for the support of the level in play to get a good risk to reward ratio on entering a long to the upside trend target and potentially to the supply zones. If this fails to happen we should watch for a DOUBLE BOTTOM ON 1HR TF to potentially buy with the trend. if no double bottom forms we sell off and break trend into targets.
Entry: at nas100 current price we have no entry. we must wait for the support of the level in play to get a good risk to reward ratio on entering a long to the upside trend target and potentially to the supply zones. If this fails to happen we should watch for a DOUBLE BOTTOM ON 1HR TF to potentially buy with the trend. if no double bottom forms we sell off and break trend into targets.
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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.