NASDAQ a short term move 🦐

2023年4月19日

NASDAQ on the 4h chart took the liquidity above the previous highs at 13125.
The market tested the 13200 below a previous resistance and created a bearish engulfing candle.

How can i approach this scenario?

The price is approaching an ascending trendline and IF it will break it during the US session i will consider a short order according to the Plancton's strategy rules.

2023年4月19日

註釋

moving lower as expected

2023年4月20日

註釋

reaching the demand area

2023年4月21日

註釋

testing the support area

2023年4月25日

註釋

possible lower low

2023年4月26日

註釋

1.9% move in the expected direction

2023年4月27日

註釋

a bounce over the support