Hello traders!!!
Through the observation of price we can clearly see that Nasdaq is losing momentum to the upside, and as a result it might fail to create a higher high.
We see our first confirmation for the selling pressure that is coming in when it created the CHoCH (Change of character), so now we are awaiting for the second confirmation to go short.
All the best!!
Always apply risk management!!!
Through the observation of price we can clearly see that Nasdaq is losing momentum to the upside, and as a result it might fail to create a higher high.
We see our first confirmation for the selling pressure that is coming in when it created the CHoCH (Change of character), so now we are awaiting for the second confirmation to go short.
All the best!!
Always apply risk management!!!