Indices:🔴Is it the major market structure shift?🔴

Well As you can see, we can see the SMT here so we can expect a downtrend.

The first condition is, that we see the price close the candle body below the bullish FVG, only then can we expect the price to go lower to collect the sell-side liquidity.

After that, If the first condition occurs, we need the candle closure below the sell side liquidity, then the price activates the bearish breaker block and the breaker can act as a strong resistance and pull the price down.



💡Wait for the update!
🗓️10/03/2024
🔎 DYOR

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Comment:

NASDAQ and DOW Collected the first sell-side liquidity.

I will update the chart.