NASDAQ BUY-SELL
We could either see a
- A push from current support then break of resisting TL and a continuation up or it respects TL then falls down and plays in the bearish channel on 1H
- Or itll break the supporting 1H TL and continue to fall down to touch the 61.8-78.6 fib levels then a continuation up
This is my analysis and I will monitor it closely as breaks and market structure can affect the setup, please do your own analysis as well
- A push from current support then break of resisting TL and a continuation up or it respects TL then falls down and plays in the bearish channel on 1H
- Or itll break the supporting 1H TL and continue to fall down to touch the 61.8-78.6 fib levels then a continuation up
This is my analysis and I will monitor it closely as breaks and market structure can affect the setup, please do your own analysis as well
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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.