NASDAQ on the 4h chart after yesterday's news creates and engulfing candle. The price launches a spike over the resistance area to grab the liquidity and moved sharply lower.
The index has bounced over a minor support and is retracing to the upside on the asian session.
How can i approach this scenario?
I will wait for a potential break of the structure and if that will happen i will look for a nice short order according to the Plancrton's strategy rules
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