✨ Today’s Focus: US100 (Nasdaq) – A Critical Market Asset We’ll analyze recent price movements and share insights on potential future trends based on key market levels.
📊 Current Market Overview: Currently, the price has swept a significant Sell-Side Liquidity (SSL) level, but there hasn’t been much movement since. The market is consolidating, and it’s essential to monitor the recent Buy-Side Liquidity (BSL) and SSL levels. Based on current conditions, we anticipate a likely downward movement, and we’ll explain why.
🕓 Key Levels to Watch: Here are the critical zones we’re tracking:
- PMH: Previous Month High - PML: Previous Month Low - PWH: Previous Week High - PWL: Previous Week Low - BSL: Buy-Side Liquidity - SSL: Sell-Side Liquidity - 4H FVG: Fair Value Gap (imbalance zone)
These levels represent crucial areas where price may accumulate liquidity or rebalance. Fair Value Gaps (FVGs) indicate zones where the market might retrace to gather orders before continuing its trend.
📈 Bullish Scenario: For a bullish outlook, we would look for long positions following a sweep of the Previous Week Low (PWL). However, we need to wait for the SSL to be taken out first. Once that occurs, we can target long positions aimed at the Buy-Side, specifically focusing on the BSL and Equal High (EQH).
📉 Bearish Scenario: The optimal bearish scenario involves a sweep through the Buy-Side Liquidity (BSL), followed by a tap into the 4H Fair Value Gap (4H FVG), which coincides with the 0.5 Fibonacci Retracement level. Alternatively, we could see the price rise higher, taking out the EQH or even the Previous Month High (PWH) before reversing. Therefore, we’ll need a lower time frame (LTF) entry model rather than entering shorts impulsively.
📝 Conclusion: Stay adaptable to evolving market conditions. By closely monitoring these key levels and scenarios, you’ll enhance your strategy and identify potential opportunities.
🔮 Looking Ahead: Keep an eye out for updates as we track the NASDAQ, DXY, EUR/USD, and other major currency pairs. Expect timely insights as market trends unfold.
⚠️ Disclaimer: This information is for educational purposes only and does not constitute financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.