NASDAQ US 100 update 05/02/2023 Time Frame Daily
1) The price action has also completed chart Pattern "W" which is always
considered an indication of correction towards bearish side.
2) The price action after devouring the BeOB (Bearish Order Block) is
expected to retrace to Fib level 50.0% and take the BuOB (Bullish Order Block)
before resume its bullish journey to go for second BeOB.
3) P.S. Chart Assessment is entirely based of proposed probabilities and only for academic purposes.
It is not a trade recommendation of any kind. Please do your own assessment & research before
taking decision to execute any trade transaction.
Please Subscribe, Like and share for more Trend Analysis and Chart Assessments.
considered an indication of correction towards bearish side.
2) The price action after devouring the BeOB (Bearish Order Block) is
expected to retrace to Fib level 50.0% and take the BuOB (Bullish Order Block)
before resume its bullish journey to go for second BeOB.
3) P.S. Chart Assessment is entirely based of proposed probabilities and only for academic purposes.
It is not a trade recommendation of any kind. Please do your own assessment & research before
taking decision to execute any trade transaction.
Please Subscribe, Like and share for more Trend Analysis and Chart Assessments.
Comment:
so good so far