NASDAQ100 - Trade Idea 10 April 2025📌 Key Points on the Chart:
Bullish Engulfing Daily (Orange Circle)
This is a candlestick pattern that suggests a possible trend reversal from downtrend to uptrend.
A big green candle fully engulfs the previous red candle → a strong sign that buyers are taking control.
Strong Low & Swing Low (Lowest Points)
These areas are considered strong support zones.
Price previously dropped to this level and quickly bounced back up → seen as a “cheap” price by Smart Money.
High Volume Spike
Notice the high volume bar when the bullish candle formed – this shows strong buying interest.
Likely that big players (institutions) are stepping in to buy.
Projected Price Movement (White Zigzag Path)
The chart suggests price may continue to rise (possibly toward the 20,000+ zone).
But first, there may be a slight pullback (cooling off) before continuing upward.
FVG (Fair Value Gap)
This is a price gap that hasn't been filled yet – price often returns to fill these gaps.
In ICT, FVG is treated as a discount or premium zone for potential entries.
50% Level (Fibonacci Retracement)
This line shows the midpoint between a previous swing high and swing low.
It often acts as a reaction zone for price – either support or resistance.
🔍 Simple Summary:
The chart is showing a potential bullish reversal.
A bullish engulfing pattern + high volume = signs of institutional buying.
Expectation: price may pull back slightly, then continue rising.
Strategy: traders might wait for a pullback into the FVG or 50% zone to look for buy entry opportunities.
