NAS100 Making a small way UP before heading to 13000 again? 👀

2022年3月5日

Hello Traders,

I am new to Smart Money Trading and still learning 🤓

Here is my analysis on NAS100 short term for the upcoming week.

Market is making equal lows around 13630 area and I would like to see some push to the upside and break the previous recent high which is 13829 area.

I am not looking to enter buys on the retest yet. The market might trap the buyers so I will wait for the price to retrace back to around 13760 area to enter a trade.

This would be a great RR if it played out well.

This is just my market analysis for the upcoming week and I don't intend to enter immediately once price reaches the marked area. I will be looking at the smaller timeframes once the price reaches around 13760 area and decide whether it would be a great area to enter a trade.

Comment your thought below and we will see how things work out in the upcoming trading week.