💸NASDAQ💸
Chart : 4Hour
Overall Trend : Bullish
Current Market Structure : Consolidation
Scenario 1 :
Market has been respecting our supply area at 17690 , As you can see price is failing to break above this area .
we can look for short term selling set ups if the market gives us one . We trade on confirmation only .
If we do get a break to the downside , we will be targeting the following demand area at 17200.
Chart : 4Hour
Overall Trend : Bullish
Current Market Structure : Consolidation
Scenario 1 :
Market has been respecting our supply area at 17690 , As you can see price is failing to break above this area .
we can look for short term selling set ups if the market gives us one . We trade on confirmation only .
If we do get a break to the downside , we will be targeting the following demand area at 17200.