US 100

NasdaQ 100 - 4H chart

200
Nas 100 has created a new Swing Low this week, however price quickly changed to bullish and liquidity swept. After liquidity, price created a Higher Low and started to move up breaking the internal structure in a bullish way. In the lower timeframe we could follow these moves decently and there were many clear opportunities in the market. Im really curious about how price will behave next week, and I will focus on 4H EMA to be broken. It is a big possibility in price rejection from 200 EMA on 4H chart, this is why I would not look for buys at this moment. I would rather wait for price rejection from EMA and then probably buys in Golden S Fibonacci zones where I can see clear demand. What do you think Nasdaq will be able to keep its bullish order flow in the next week? Or will the price be rejected and stays in the bearish channel? I will follow price behave in the lower timeframe to find out :) I am happy to hear out your thoughts!

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