Nasdaq correction completed, ready to go up!

1. Weekly: uptrend with strong momentum to the upside

2. Daily: tested key zone with wick indicating buying pressure

3. 1H: Observed uptrend confirmed. Gotta a small issue ahead marked in yellow zone. I don't think it will create a big trouble for buyers.

تعليق:

تعليق:

This is my thought of Nq of next Monday. Actually, the yellow zone is a trouble for buyers. Now, price retreated to an important zone. Lets watch.

تعليق:

I'm too optimistic about market. I thought buyers could take over sellers. Now, the two zones couldn't hold. Then, price are likely to seek the lower zone on the daily. Gotta watch the price action on smaller timeframes.