Nasdaq going into a supply level on the 4h TF offering shorts a RR of 2
Note
I´m short the Nasdaq, however if we break the market it into the 60m TF we can see the market created a small supply zone with an order block. So for those who skipped the entry on the 240m tf there is a new fresh imbalance area of supply were you can get in, with a reduce risk. I will add another short if price reached the supply zone in the 60m TF
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.