Chart : 4Hour
Overall Trend : Bullish
Current Market Structure : Uptrend
Scenario 1 :
Although we are in a uptrend & market is moving overall bullish . We are coming to a supply area where possible sells can take place .
Would like for price to trade into our area of interest ,mitigating our Order block , giving a rejection inside our zone before dropping .
Will Refine more on the lower timeframe .
Overall Trend : Bullish
Current Market Structure : Uptrend
Scenario 1 :
Although we are in a uptrend & market is moving overall bullish . We are coming to a supply area where possible sells can take place .
Would like for price to trade into our area of interest ,mitigating our Order block , giving a rejection inside our zone before dropping .
Will Refine more on the lower timeframe .
Comment:
SET UP FAILED AS EARNING REPORTS FOR COMPANIES UNDER NASDAQ CAME OUT HIGH & THATS WHY NASDAQ PUSHED TOWARDS THE UPSIDE