Here is my "Nasdaq Cash" trading idea for the weeks ahead.
As it is clear, Nasdaq has moved a huge amount and may continue this trend hence forth.
In H4 time frame there is an strong level of liquidity(at price 17320.59) after hunting the mitigation of decision level and touching the FVG, and doing so, the extreme flip in the positive range is remained untouched.
I Presume that the price will try to reach out the level of liquidity and touch the mentioned extreme flip in order to go higher. For doing so we may have anegative Break of Structure(BOS) at H4 time frame which I assume might be a temporary BOS to reach out the liquidity level.
Keep in mind that if the price reaches the extreme flip, we will need an H4 Reverse pattern(H4 Positive Mainpulation) to occur in order to jump in Buy Position since the structure of H4 time frame may have been changed in that time.
As it is clear, Nasdaq has moved a huge amount and may continue this trend hence forth.
In H4 time frame there is an strong level of liquidity(at price 17320.59) after hunting the mitigation of decision level and touching the FVG, and doing so, the extreme flip in the positive range is remained untouched.
I Presume that the price will try to reach out the level of liquidity and touch the mentioned extreme flip in order to go higher. For doing so we may have a
Keep in mind that if the price reaches the extreme flip, we will need an H4 Reverse pattern(H4 Positive Mainpulation) to occur in order to jump in Buy Position since the structure of H4 time frame may have been changed in that time.