00:00The NAS100 is currently moving in a very strong bullish trend, but chasing the market at this
00:04exact top could be a massive mistake for any retail trader. Please watch the full video.
00:10Looking closely at the 1H chart, we can observe a very clear market structure of higher highs and
00:15higher lows. Multiple break of structure points confirm that the buyers are still firmly in
00:21control of the overall trend. However, the price is now hovering near the critical 27,750 resistance
00:28zone and showing signs of exhaustion. We are seeing a small consolidation and a clear rejection at the
00:34peak, which suggests the market is currently overextended. When the market is this stretched,
00:40smart money institutional players rarely buy the peak. Instead, they patiently look for a healthy
00:45pullback into high probability demand zones. Our primary focus is the immediate intraday demand
00:51area between 27,400 and 27,300. This is our main point of interest for the next move.
00:59The plan, our main entry will be at this specific order block zone. Once the price retraces here,
01:05we will begin building our long positions. For this trade, our invalidation level will be set
01:11right below the recent swing low. This means that if the price breaks this specific level,
01:16our current bullish bias will officially change. Our final scenario and objective for this entire
01:22movement is to clear the upper liquidity zone located at the 27,850 and 28,000 levels.
01:29If the 27,300 demand fails to hold, we could see a deeper corrective move toward the strong support
01:36levels at 27,000 or even 26,400. Remember, this is not a trend reversal, just a healthy correction.
01:44The best strategy right now is patience. Always follow proper risk management.
01:50See you in the next video. Follow for more, the next analysis is coming very soon.
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