NASDAQ - Bounce and Lower Low incoming this week
Just a quick demonstration...
Accouding to the TD Setup rules, a normally perfected TD Buy Setup would see the lowest point of the 8th and 9th candle be lower than the lowest point of the 6th and 7th candle. This to say, if it is normally projectable, then there would be a Lower Low point less than 17113 over the next three days, if not another three days after that (likely, this week).
So, the red box should be pierced through.
Watch for it...
Accouding to the TD Setup rules, a normally perfected TD Buy Setup would see the lowest point of the 8th and 9th candle be lower than the lowest point of the 6th and 7th candle. This to say, if it is normally projectable, then there would be a Lower Low point less than 17113 over the next three days, if not another three days after that (likely, this week).
So, the red box should be pierced through.
Watch for it...
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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.