NASDAQ ANALYSIS
Chart : 4Hour
Overall Trend : Bullish
Current Market Structure : Consolidation
Scenario 1 :
Price is currently still between Asian range still , market did end up sweeping Asian lows . But failing to close below it . This could indicate that we can get possible short term buys in the market .
Scenario 2 :
A close below Asian lows will indicate that price is pulling back to a demand area , so we can get into the market at a much cheaper price (discount) .
Keep in mind market is currently rejecting off a 4Hour supply area . If respected . We can get into shorts targeting potential demand areas .
Overall Trend : Bullish
Current Market Structure : Consolidation
Scenario 1 :
Price is currently still between Asian range still , market did end up sweeping Asian lows . But failing to close below it . This could indicate that we can get possible short term buys in the market .
Scenario 2 :
A close below Asian lows will indicate that price is pulling back to a demand area , so we can get into the market at a much cheaper price (discount) .
Keep in mind market is currently rejecting off a 4Hour supply area . If respected . We can get into shorts targeting potential demand areas .
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.