Chart : 4Hour
Overall Trend : Bullish
Current Market Structure : Uptrend
Scenario 1 :
Although we are in a uptrend & market is moving overall bullish . We are coming to a supply area where possible sells can take place .
Would like for price to trade into our area of interest ,mitigating our Order block , giving a rejection inside our zone before dropping .
Will Refine more on the lower timeframe .
Overall Trend : Bullish
Current Market Structure : Uptrend
Scenario 1 :
Although we are in a uptrend & market is moving overall bullish . We are coming to a supply area where possible sells can take place .
Would like for price to trade into our area of interest ,mitigating our Order block , giving a rejection inside our zone before dropping .
Will Refine more on the lower timeframe .
Note
SET UP FAILED AS EARNING REPORTS FOR COMPANIES UNDER NASDAQ CAME OUT HIGH & THATS WHY NASDAQ PUSHED TOWARDS THE UPSIDE
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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.