NASDAQ Bullish Price Action, Look For Buys
Hi traders:
Here on NASDAQ, price is slowing developing good bullish price action that can potentially push the price higher.
We can see price has moved down to a higher time frame swing lows, and managed to break below it. However, no signs of bearish continuation price action.
instead, a descending channel reversal was formed, and a strong lower time frame bullish impulse has pushed the price up.
Now that price has impulse up, it begin to consolidate to form a possible bullish continuation correction.
Watch for the structure to complete and look for buy setups that fit your plan for entries to the next highs.
Thank you
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