What I see in nasdaq is that after taking liquidity from the highs and distributing to the lows as I indicated in another projection, what I expected was a sale in that area of highs.
Now the price is in the shopping area, it is at the base of 4H, which was the cause of creating the highest High. It filled in the imbalance and started an accumulation which is what we are seeing. He gave a valid long in the London opening. Now what can happen is that the price continues to rise, or that the price goes down, cleaning Asia and London to test the base.
If he goes down to base and confirms, I'll take longs.
Although it can also calmly continue down.
I invite you to leave a comment and see my social networks that are in my profile to see more about trading.
Now the price is in the shopping area, it is at the base of 4H, which was the cause of creating the highest High. It filled in the imbalance and started an accumulation which is what we are seeing. He gave a valid long in the London opening. Now what can happen is that the price continues to rise, or that the price goes down, cleaning Asia and London to test the base.
If he goes down to base and confirms, I'll take longs.
Although it can also calmly continue down.
I invite you to leave a comment and see my social networks that are in my profile to see more about trading.