00:00Stop chasing the highs on NAS 100. Here is the smart way to trade this move.
00:05Please watch the full video. Looking at the technical chart, the market structure is clearly
00:10in a very strong bullish trend. We are seeing a clean sequence of higher highs and higher lows
00:14with multiple breaks of structure to the upside. This is a trend continuation market, not a
00:19reversal. However, price is currently overextended and sitting in a premium zone near 28,300.
00:27Buying at these levels is extremely risky so the professional approach is to wait for a healthy
00:31pullback. Our main entry will be in this order block zone between 27,400 and 27,300. This is a
00:40fresh point of interest and the origin of the last impulsive move. Once price retraces to this area,
00:46we will start building our position. For this trade, our invalidation level will be just below
00:51the recent swing low, specifically under 27,200. If price breaks this level, our current bullish bias
00:58will change. Our final scenario or objective for this movement is to clear the upper liquidity zones,
01:04targeting 28,300 and then new highs at 28,600. Now if you are looking for a counter-trend setup,
01:11there is a risky sell opportunity at the current highs between 28,300 and 28,400.
01:18Do not sell blindly. You must wait for a lower time frame break of structure or a strong bearish
01:24rejection candle. The targets for a short would be 27,600 and 27,400, with a stop loss above 28
01:32,500.
01:34Remember, the trend is your friend, so the high probability play is buying the discount at the
01:3827,400 demand zone. Patience is the key to success in these markets. Always ensure you are executing your
01:46trades with maximum discipline and focus. Always follow proper risk management.
01:52See you in the next video. Follow for more, the next analysis is coming very soon.
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