Navigating NAS100 with Key Levels and Market Sentiment

1월 30일

Key Levels:

Resistance remains at 21,600–21,700, where price is struggling to sustain higher levels.
Support lies around 20,800–21,000, a strong buy zone on higher timeframes.

Fundamental Outlook:

With upcoming key data (FOMC and GDP), markets are likely to remain volatile.
A hawkish FOMC statement may lead to bearish pressure, pushing NAS100 lower toward the 20,800–21,000 support zone.
Conversely, dovish commentary or weak GDP figures could provide a bullish breakout above 21,600, targeting 21,800–22,000.

Rationale:

The price is testing a major resistance zone (21,600–21,700) but shows signs of hesitation and rejection on multiple timeframes.
A hawkish FOMC decision or commentary could trigger a sell-off, aligning with the probability of bearish momentum.
Action:

If price fails to break and hold above 21,600, short near 21,550–21,600.
Stop Loss: 21,700
Take Profits:
TP1: 21,300
TP2: 21,000
TP3: 20,800

Focus on a short position, especially if price fails to sustain above 21,600 during the London or New York sessions

1월 30일

액티브 트레이드

Sell zone activated

2월 3일

거래청산: 타겟 닿음

Trade went a little over extended but the plan remained the same. Stay Blessed