US Nas 100
שורט

NAS100 Trapped Buyers?

We can see price has broken the high and pushed back down. If this is a liquidity trap trapping buyers could be a potential. As seen above I have 2 zones of interest, if the higher zone is broken I can see the price easily pushing down to the 14500 area.

We will need to check this on lower timeframes over the upcoming week and see if we have a true shift in structure across all timeframes which will once again give us more of a reason to believe it was a buyers trap.

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