Hello Everyone .
Today my idea is based on Nas100.
My approach to the market is based on Market Nature and Market Phases.
Nas100 has being moving bullish as of recent , since it has broken out from the HTF descending pattern , so my view from the :
HTF : The market has broken out of the descending corrective pattern and formed a continuation type pattern thus taking price higher with the next impulse phase (
).
LTF: Price right now on the LTF is in an impulsive phase. What i would like to see is price for another continuation pattern to possibly push price further up completing the possible Inverse HnS pattern (
)
* Should price not form that pattern i will be waiting for further development to consider future oppertunities.
Thank you.
Today my idea is based on Nas100.
My approach to the market is based on Market Nature and Market Phases.
Nas100 has being moving bullish as of recent , since it has broken out from the HTF descending pattern , so my view from the :
HTF : The market has broken out of the descending corrective pattern and formed a continuation type pattern thus taking price higher with the next impulse phase (
LTF: Price right now on the LTF is in an impulsive phase. What i would like to see is price for another continuation pattern to possibly push price further up completing the possible Inverse HnS pattern (
* Should price not form that pattern i will be waiting for further development to consider future oppertunities.
Thank you.
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