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ExtraOrdy
Aug 15, 2023 8:52 AM

potential BUY on demand zone | Nasdaq Long

Nasdaq CashEightcap

Description

Nasdaq gave pin rejections on a demand zone and push to the upside with 4H momentum candle which could possibly indicate the sellers weakness.
on the daily time frame there is a bullish engulfing pattern indicating potential reversal

However WATCH OUT!

Trade closed: stop reached


no enough buyers to pull price higher on the demand zone
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