NAS100USD 2021 JUL 26 WEEK

NAS100USD

NAS100USD 2021 JUL 26 WEEK

Scenario 3 was activated when price was supported at 14556, offering long opportunity

Weekly: Wide spread bullish engulfing up bar, no sign of weakness
Daily = Market up on decreasing volume = weakness
H4 = Wide spread up bar followed by upthrust = possible weakness

Strategy:
1) Short on (a) No Demand, (2) Upthrust, (30 Mushroom over
2) Long on retracement
2) Long if immediate resistance 15132 becomes support

Remember to like and follow if you find this useful.

Have a profitable week ahead.