potential BUY on demand zone | Nasdaq
Updated
Nasdaq gave pin rejections on a demand zone and push to the upside with 4H momentum candle which could possibly indicate the sellers weakness.
on the daily time frame there is a bullish engulfing pattern indicating potential reversal
https://www.tradingview.com/x/L9RdGfy7/
However WATCH OUT!
on the daily time frame there is a bullish engulfing pattern indicating potential reversal
https://www.tradingview.com/x/L9RdGfy7/
However WATCH OUT!
Trade closed: stop reached
no enough buyers to pull price higher on the demand zone
Related publications
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.