I think it was last week when I shared my view of the NAS100 here on tradingview & since then a few things have changed. Although we did not get the potential advanced pattern formation that could have been used as an entry into the bigger breakout, we did eventually breakout & now a pullback which gives us another opportunity to get long.
After a level of resistance is broken we'll often look for it to act as newly formed potential structure support. Price gave us a pullback to this level & ended the week with a beautiful bullish candle. Something that would be great for confirmation of longs would be a Higher High, Higher Close candle which would also provide us with a 3 Bar reversal.
Hope you guys have a great trading week.
Your Trading Coach - Akil
After a level of resistance is broken we'll often look for it to act as newly formed potential structure support. Price gave us a pullback to this level & ended the week with a beautiful bullish candle. Something that would be great for confirmation of longs would be a Higher High, Higher Close candle which would also provide us with a 3 Bar reversal.
Hope you guys have a great trading week.
Your Trading Coach - Akil
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The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
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Coaching, Courses & Community
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
Related publications
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.