Lately we’ve been experiencing a bit of a turn on Nasdaq, it has changed its impulsive bullish nature -now we’re buying short and selling long. This new nature is quite visible on weekly and daily timeframes, this is a hint to be wary of... Our immediate structure is showing a remarkable fall with slightly bullish corrections, now price has reached our significant region, it has made a beautiful retracement to our liquidity zone and provided us with a clear shooting star candlestick that indicates a strong reversal. We’re looking to take buys from here...
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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.