NAS100 Trading ideas for 11/17/2022
Yesterdays trading idea played out today. Although we did not catch the bigger move down, we did get into buys at our key daily levels.
As for tomorrow, once again, very tricky. Although today closed bearish, price rejected lower structure and also closed slightly above previous daily candle. This is an indication that we can continue to retest previous high structure. We need to wait for Asia market to create the new candle wick and London to begin to show us signs of true direction. Do not trade Asia, wait for London or NY to give us a clear indication of the daily trend for tomorrow, in the form of an engulfing candle on the M5 at key level, a Lightning Bold signal or use the manipulated candle structure and formation in my sharing ideas on TradingView.
Practice patience and discipline.
As for tomorrow, once again, very tricky. Although today closed bearish, price rejected lower structure and also closed slightly above previous daily candle. This is an indication that we can continue to retest previous high structure. We need to wait for Asia market to create the new candle wick and London to begin to show us signs of true direction. Do not trade Asia, wait for London or NY to give us a clear indication of the daily trend for tomorrow, in the form of an engulfing candle on the M5 at key level, a Lightning Bold signal or use the manipulated candle structure and formation in my sharing ideas on TradingView.
Practice patience and discipline.
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