Nasdaq 100 Trade Setup – NWOG & Fibonacci Confluence

This trade idea is built on a structured analysis of the Nasdaq 100, integrating a New Week Opening Gap (NWOG) with Fibonacci retracement levels to identify high-probability trade zones. The setup highlights a key confluence where the 50% retracement of the range aligns precisely with 0.25% of the NWOG, creating a potential reaction point. Additionally, the full gap fill aligns with the 78% Fibonacci level, reinforcing the probability of price gravitating toward these key levels.

This structured approach provides a refined perspective that goes beyond conventional ICT teachings, combining smart money concepts with technical precision. By leveraging these multi-layered confluences, this setup aims to capture significant market moves with well-defined risk management. Ideal for traders looking to refine their entries using price action, liquidity zones, and institutional order flow dynamics.