NAS100 — Waiting For Liquidity Before Looking For Shorts
ET = Engulf Target
TH = Target Hit
ML = Magnet Level
TRZ = Trap Zone
BS = Base Shoulder
FS = Final Shoulder
IBS = Ignore Base Shoulder
At the current location, I have no interest in looking for sell positions.
Before considering a short setup, I would like to see price sweep the liquidity resting above the current highs.
Until that happens, selling does not offer an attractive structural opportunity.
On the other hand, I have identified the highlighted green demand zone as the primary area of interest for long positions.
If price reaches that zone and confirms the structure, it may provide a high-quality buying opportunity with favorable risk-to-reward.
For now, patience remains the best approach while the market delivers the next phase of the structure.
Current analysis focuses on liquidity behavior, structural reactions, and step-by-step market delivery.
As precise as a Swiss watch.