Although I don't trade Nasdaq, I decided to share this as it has all the properties to make it a perfect setup (SMC). We also have a supporting analysis of the trendline (Bullish trend)
Checklist:
1. We have price close just above our fresh low of week an failing to displace. Possible sellside liquidity sweep.
2. Break of structure to the upside 3. Demand zone below our low of week 4. Trend is overall bullish 5. Bullish Flag pattern (trendline strategy) near breakout zone
Comment your view and tell me how you plan your approach on this one.✌️🌟 goodluck y'all.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.