Nas100 CFD looking very bearish for the day. Closest draw on liquidity is on the sell side with price forming a bearish 3-drive pattern as it approaches the premium fair value gap. As soon as we take out London session highs we can expect a bearish market structure shift followed by sell setups such as the silver bullet and market maker sell models. In the unlikely event that price fails to reject from the premium FVG, it may reach for Previous days high before we see a reversal back lower
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.