If you look at the two highlighted areas, what catches your attention?
Notice the 2 lines drawn off the high and then the 2 red lines drawn off the low.
These are patterns that repeat on an Amazing Trader chart, drawn by its proprietary algo. In each case, it is a pattern that signals a potential change of direction.
I don’t trade NAS100 as US traders cannot trade CFDs but what I would take from this, even if I do not trade a 4-hour time frame, is to look to trade in the direction of what the lower blue or rising red lines are telling me as they are indicating a change in directional risk.
For more information on the Amazing Trader charting algo, go to The Amazing Trader