NAS100 Intraday Market Structure Assessment

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NAS100 Intraday Market Structure AssessmentUS Tech 100 IndexPEPPERSTONE:NAS100sunyaActionable Trading Framework Bullish Scenario (Probability: 60%) Entry: 24,595-24,620 (consolidation breach confirmation) Target 1:24,680 (+$62 risk/reward) Target 2: 24,750 (+$132 profit extension) Stop Loss: 24,550 (-$45) Trigger: Break above 24,650 with volume confirmation on 5/15-min charts Bearish Scenario (Probability: 40%) Entry: 24,680-24,710 (rejection candle formation) Target 1: 24,600 (-$80 to +$30 range) Target 2: 24,520 (-$160 reversal) Stop Loss: 24,760 (+$50) Trigger: Failed breakout attempt + RSI divergence on 1-hour chart Key Technical Confluences ✓ EMA 20/50 Crossover Zone → Dynamic support (1-hour timeframe) ✓ VWAP Alignment → Acts as pivot point at 24,635 ✓ Harmonic Pattern → Potential bullish AB=CD completion near current zone ✓ Ichimoku Tenkan-sen → Resistance pressure at 24,705 Execution Rules 1. Entry Confirmation: Engulfing or Pin Bar + Volume Spike on 5-min chart 2. Risk Management: Maximum risk per trade = 1% account size 3. Time Window: Optimal trading 08:00-15:00 UTC+4 (high liquidity period) 4. Exit Protocol: Trail stop at 15-pips after Target 1 achievement