Nasdaq Short or Long??
So this is what I am anticipating for the coming week, we currently approaching a refine order block plus near that order block is a little Imbalance that needs to be fill. Listen we don't want to pick tops and bottoms so for me what I am look for is for price to break structure on smaller timeframe as shown on the chart.
We should not be surprised if price plunge through that order block because there is also a lot of imbalance below that order block. If you switch to a monthly you can see a monthly imbalance around the 10000 level. So if price plunge through the order block then our bias will change and we will capture that move to that monthly imbalances.
Please like and follow would really appreciate it 🙏
We should not be surprised if price plunge through that order block because there is also a lot of imbalance below that order block. If you switch to a monthly you can see a monthly imbalance around the 10000 level. So if price plunge through the order block then our bias will change and we will capture that move to that monthly imbalances.
Please like and follow would really appreciate it 🙏
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.