Wohooo... These days are wild!
Now let's take a look at how the day can develop, because... the market, at least the NASDAQ, doesn't look that bad anymore.
We are seeing the first signs of a bottom. However, it can be assumed that the market will dip again at the opening.
There is a bullish order block in the area shown, which coincides pretty much exactly with the POC of the last recovery attempt.
An excellent RRR for long trades could be taken here.
Now let's take a look at how the day can develop, because... the market, at least the NASDAQ, doesn't look that bad anymore.
We are seeing the first signs of a bottom. However, it can be assumed that the market will dip again at the opening.
There is a bullish order block in the area shown, which coincides pretty much exactly with the POC of the last recovery attempt.
An excellent RRR for long trades could be taken here.
Trade closed: target reached
Well... that escalated quickly.
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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.