NAS100USD: Bearish Setup Targeting Weekly FVG!

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Greetings Traders!

Brief Description🖊️:

Currently, on NAS100USD, I am anticipating a potential bearish draw in price action. The M15 chart has shown the beginning of a bearish decline, and it’s crucial to follow the market's trend until signs of reversal appear. One key confluence is the respect of an H4 bearish order block, establishing a firm resistance zone.

Things I Have Seen👀:

• H4 Bearish Order Block Resistance🟥: Price is respecting this zone, confirming it as strong resistance.
  
• M15 Buy Stops Cleared✅: Price cleared M15 buy stops above the resistance before reversing, indicating smart money engineered liquidity before driving price lower.
  
• M15 FVG & Bearish Order Block: These are the zones where I will be waiting for confirmation entries.
  

Bearish Targets🎯:

Weekly FVG (19,760.8): This is the primary target for the bearish continuation.

What's Important Now❗

Monitor price action around the M15 FVG and bearish order block for confirmation before entering. Ensure to conduct your own analysis to validate this outlook.

Best Regards,
The_Architect