US Nas 100Atualizado

NASDAQ a short term move 🦐

NASDAQ on the 4h chart took the liquidity above the previous highs at 13125.
The market tested the 13200 below a previous resistance and created a bearish engulfing candle.

How can i approach this scenario?

The price is approaching an ascending trendline and IF it will break it during the US session i will consider a short order according to the Plancton's strategy rules.


Nota
snapshot moving lower as expected
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snapshot reaching the demand area
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snapshot testing the support area
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snapshot possible lower low
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snapshot 1.9% move in the expected direction
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snapshot a bounce over the support

Aviso legal