US Nas 100Mis à jour

NASDAQ a short term move 🦐

NASDAQ on the 4h chart took the liquidity above the previous highs at 13125.
The market tested the 13200 below a previous resistance and created a bearish engulfing candle.

How can i approach this scenario?

The price is approaching an ascending trendline and IF it will break it during the US session i will consider a short order according to the Plancton's strategy rules.


Note
snapshot moving lower as expected
Note
snapshot reaching the demand area
Note
snapshot testing the support area
Note
snapshot possible lower low
Note
snapshot 1.9% move in the expected direction
Note
snapshot a bounce over the support

Clause de non-responsabilité