NAS100 - Short From Daily FVG, Midweek Odds Favor Continuation

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NAS100 - Short From Daily FVG, Midweek Odds Favor ContinuationUS Nas 100OANDA:NAS100USDSmikal-Bias: Bearish (short-term continuation within a ranging higher timeframe) Higher timeframe context Honest read first: the HTF picture is not cleanly bearish. NAS100 has been accumulating in a broad range for weeks rather than trending. But within that range, the current leg is clearly lower — a series of lower highs since the July rejection, and momentum is with the sellers. This is a continuation trade on the active leg, not a HTF trend call. The setup The Daily FVG at 29,369 - 29,481 is the only real point of interest above. Price is retracing into it now. I want the tap and rejection — that's the entry. The statistical edge From my own weekly range data on NAS100: midweek is historically the lowest-probability window for the weekly extreme to form. The high of a bearish week is far more likely already in from Monday-Tuesday. That means a midweek retrace into a premium FVG has good odds of being exactly that — a retrace, not a reversal. Stacked on the active leg down, that's the confluence. Execution Entry: Daily FVG (29,369 - 29,481) Invalidation: 29,781 — a daily close above and the range trade flips, idea is dead Target: Sell side liquidity at 28,202 Time horizon: Delivery expected into the end of this week If the accumulation resolves upward before the target is hit, I step aside — the mixed HTF means this idea doesn't get extra chances.