UPDATE ON NASDAQ ANALYSIS
NAS100 4H - As you can see after price trading us through and absorbing the last Supply Zone we are now expecting price to trade us up and into the one we have marked out above. From here I am expecting an S&D flip to the downside, giving us the opportunity to get involved in shorts.
In order for us to deem a valid entry we must wait for price to trade into the area of Supply and give us relevant confirmation to suggest that price is ready to move lower. We get this confirmation via a BOS to the downside.
A break in structure will tell us the that the correction trading us up and into the Supply Zone is over and a new trend trading us lower is ready to be printed into the market. I have drawn out an example on how I see price playing out over the course of the next few days.
Its important we wait for confirmation parameters before we get involved in these markets as it gives us a higher probability of being successful when placing trades and trading the market itself. I will keep you all posted with my doings.
In order for us to deem a valid entry we must wait for price to trade into the area of Supply and give us relevant confirmation to suggest that price is ready to move lower. We get this confirmation via a BOS to the downside.
A break in structure will tell us the that the correction trading us up and into the Supply Zone is over and a new trend trading us lower is ready to be printed into the market. I have drawn out an example on how I see price playing out over the course of the next few days.
Its important we wait for confirmation parameters before we get involved in these markets as it gives us a higher probability of being successful when placing trades and trading the market itself. I will keep you all posted with my doings.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.