NASDAQ just swept all-time highs into a key diagonal trendline drawn from previous major swing highs. We’re now in the premium zone of a macro fib retracement, and Asian session is showing signs of accumulation around 22,460.
Expecting London session to run Asian highs, tapping 22,500, which lines up perfectly with:
✅ Major rising trendline resistance
✅ 0.0 fib (ATH)
✅ Asian liquidity sweep
✅ High probability "Manipulation" phase of AMD (Accumulation–Manipulation–Distribution)
Looking to short at 22,500 with a tight SL at 22,520–22,530, targeting a full swing retrace into 20,500.
Confluences:
Bearish AMD setup across sessions
Major trendline rejection zone
Premium fib zone (swing retracement logic)
Liquidity sitting below multiple structural lows
Risk-to-reward of 1:100 potential if held to target
Waiting for confirmation via lower timeframe BOS after the sweep. If 22,500 holds as resistance post-sweep, this could be the beginning of a broader correction.
Let’s see how it plays out. 🔥
Expecting London session to run Asian highs, tapping 22,500, which lines up perfectly with:
✅ Major rising trendline resistance
✅ 0.0 fib (ATH)
✅ Asian liquidity sweep
✅ High probability "Manipulation" phase of AMD (Accumulation–Manipulation–Distribution)
Looking to short at 22,500 with a tight SL at 22,520–22,530, targeting a full swing retrace into 20,500.
Confluences:
Bearish AMD setup across sessions
Major trendline rejection zone
Premium fib zone (swing retracement logic)
Liquidity sitting below multiple structural lows
Risk-to-reward of 1:100 potential if held to target
Waiting for confirmation via lower timeframe BOS after the sweep. If 22,500 holds as resistance post-sweep, this could be the beginning of a broader correction.
Let’s see how it plays out. 🔥
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.