NAS100...Current Bear Reception

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NAS100FT

My first clear sign has popped up in the form of a sell limit at 14865.45 (Vantage Chart)

My current position is now bearish and will continue to be so until I see the LOW that is created by the H1.

This may be a very short trade as the H1 can register a HL based on the fact that the M30 needs to cross 14788.55 in order to put on a new LOW which will essentially be a HL on the H1.

It is still early in the week and so a lot of these small consolidation moves will continue as the market finds its legs and that is why it is off the utmost importance that I take only the extreme moves and not the LH's or HL's on my entry timeframe (whichever that may be).

As of now my first TP is 14789.4

No setup = No trade

#aubersystem
#auberstrategy
#whywewait
#patience

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