NAS100 What's Next?

6 בספט׳ 2023

Yesterday's buy from a H1 LL to a H1 high is currently sitting at a 78% retracement.

If that gave me all the confirmations I was looking for, I would be in for another buy, however, both the H1 & H2 timeframes made highs yesterday and as such, the 78% only yielded a HL for the H1 and as of this writing has not signaled a low on the H2.

The other factor that is causing me to wait is the fact that all the larger timeframes below the H-12 are coming from their respective highs and as such, I am expecting them to continue working down to some sort of low (that may be a few days out).

With that being said, I am still awaiting the HH's or LL's before my next move.

#auberstrategy
#whyiwait
#nas100

6 בספט׳ 2023

עסקה פעילה

While I was not keen on taking that move today...my analysis played out as I see price still pushing towards the downside to create Lows on the H1 - H5 timeframes.

With that being said, my next move will be when the H1 makes a LL...

The market is still retracing on the larger timeframes as anything above the H5 up to the 23Hr is currently sitting at a HL.

That being said my next trade still will be made when the market makes a LL or HH on my H1