NASDAQ IN MY POINT OF VIEW :-Note a recommendation
there is a bullish diversion formed on 13 june 2022 at daily chart of Nasdaq mentioned with red trend line and previous session price close above the high of the diversion candle which is a some positive sign
if the price retrace and come to the buy on dips area which is mentioned with pink area is a hourly chart area where there is also formed a bullish diversion
if recent low does not break and price come down in that hourly Zone let the price dip first and see if the price come out and close above that area than one should enter
otherwise price come down and close below that zone than there is more chances can break the low of the recent one hence one should wait for the price action.
buyers of the buy on dips zone can take a trade for the target of tussel zone of the daily time frame with the recent low STOPLOSS.
there is a bullish diversion formed on 13 june 2022 at daily chart of Nasdaq mentioned with red trend line and previous session price close above the high of the diversion candle which is a some positive sign
if the price retrace and come to the buy on dips area which is mentioned with pink area is a hourly chart area where there is also formed a bullish diversion
if recent low does not break and price come down in that hourly Zone let the price dip first and see if the price come out and close above that area than one should enter
otherwise price come down and close below that zone than there is more chances can break the low of the recent one hence one should wait for the price action.
buyers of the buy on dips zone can take a trade for the target of tussel zone of the daily time frame with the recent low STOPLOSS.