NAS100 Daily Outlook | August 09

Hi All,

Find my thoughts on todays price structure below;

weekly - Bullish
Daily - Bullish
H4 - Not confirmed, but the break of 13213 level will confirm H4 bullish setup
H1 (a) - The break and closure of H1 candle bar above 13201 level calls for a very bullish move up to 13305 and 13498 levels
H1 (b) - Break and closure of H1 price bar below 13099 level will trigger price move to the next supports at 12979 and 12899 zones.

Watch out for fake outs and plan for then accordingly by waiting for good confirmations and insisting on good risk and trade management.

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