💸NASDAQ💸
Chart : 4Hour
Overall Trend : Bullish
Current Market Structure : Downtrend
Scenario 1 : |
If you look at the overall trend on Nasdaq , we are currently in a bullish market .
As price is respecting our trend-line .
Where price is now we are currently sitting at a 4Hour supply area ,where sellers can come into play . As CPI impulsive move to the downside was recovered by the correction phase .
Possible sell opportunities on the lower timeframe if 4h supply area holds , counter trend