>We have a Rally-Base-Drop(RBD) Weekly Supply Zone coverage for the RBD Daily Supply Zone
>We have a high quality Leg-out(Imbalance) from Weekly TF an Explosive leg-out from Daily Supply
>Current Price has already broke previous Higher high
>US Election seasonality is down-trending for next week (Sept 23-27, 2024)
>S&P500 and Dow Jones are also going down but NASDAQ has a better structure and have a Supply Zone to take.
*Stochastic RSI confirmation (This is not a Timing tool, We always follow the Law of Supply and Demand): Stoch RSI is at Overvalued Zone, meaning price is looking for a Supply Zone to Drop the price.
Entry, Stop Loss(Entry zone plus -33%), Target(2R) is shown on the chart via Fib Retracement
Trade Safe
>We have a high quality Leg-out(Imbalance) from Weekly TF an Explosive leg-out from Daily Supply
>Current Price has already broke previous Higher high
>US Election seasonality is down-trending for next week (Sept 23-27, 2024)
>S&P500 and Dow Jones are also going down but NASDAQ has a better structure and have a Supply Zone to take.
*Stochastic RSI confirmation (This is not a Timing tool, We always follow the Law of Supply and Demand): Stoch RSI is at Overvalued Zone, meaning price is looking for a Supply Zone to Drop the price.
Entry, Stop Loss(Entry zone plus -33%), Target(2R) is shown on the chart via Fib Retracement
Trade Safe
Note
Signal Good only for week of Sept. 23-27, 2024. Disclaimer
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.
Disclaimer
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.