Long term bias on NASDAQ
NASDAQ has been bearish for a while....
Then it paused for a while by reacting the the demand zone painted as a doji ...
While reacting to this xone multiple time...liquidity has been generated by creating multiple equal lows.
Having spotted another demand zone just below the equal lows and price currently hovering around the support area(equal lows).
I anticipate for price to break those equal lows thereby grabbing all the liquidity lying below the equal lows and proceed further to pick orders stacked inside the demand zone before resuming an upward rally .
Then it paused for a while by reacting the the demand zone painted as a doji ...
While reacting to this xone multiple time...liquidity has been generated by creating multiple equal lows.
Having spotted another demand zone just below the equal lows and price currently hovering around the support area(equal lows).
I anticipate for price to break those equal lows thereby grabbing all the liquidity lying below the equal lows and proceed further to pick orders stacked inside the demand zone before resuming an upward rally .
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