NASDAQ100 (US500) area of high confluence
Please don't take this as a buy or sell signal. I'm quite new to charting and would love any opinion or criticism about my chart.
For this chart, I created the trend using daily and 4hr timeframe.
Personally, I would wait what happens next in the area of influence to see if its going to break through downwards, breaking the 200 EMA or will it continue the uptrend.
For this chart, I created the trend using daily and 4hr timeframe.
Personally, I would wait what happens next in the area of influence to see if its going to break through downwards, breaking the 200 EMA or will it continue the uptrend.
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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.