Hello traders,
On the 1-hour chart, NASDAQ (US100) has reacted strongly from the bullish Daily Order Block, showing clear signs of higher-timeframe strength. This reaction suggests that the bullish order flow is still intact.
With this structure in mind, I expect the upward move to continue toward the bearish Daily Fair Value Gap, which serves as my first target.
My final target for this bullish leg is the equal highs around 26,136, where a significant liquidity pool rests.
However, before the next expansion higher, I would prefer to see price move lower to sweep the liquidity below the recent lows and trade into an Optimal Trade Entry (OTE) zone. From there, I’ll look for lower-timeframe confirmation to catch the next leg up.
Staying bullish unless higher-timeframe invalidation occurs.
💌It is my honor to share your comments with me💌
🔎 DYOR
💡Wait for the update!
On the 1-hour chart, NASDAQ (US100) has reacted strongly from the bullish Daily Order Block, showing clear signs of higher-timeframe strength. This reaction suggests that the bullish order flow is still intact.
With this structure in mind, I expect the upward move to continue toward the bearish Daily Fair Value Gap, which serves as my first target.
My final target for this bullish leg is the equal highs around 26,136, where a significant liquidity pool rests.
However, before the next expansion higher, I would prefer to see price move lower to sweep the liquidity below the recent lows and trade into an Optimal Trade Entry (OTE) zone. From there, I’ll look for lower-timeframe confirmation to catch the next leg up.
Staying bullish unless higher-timeframe invalidation occurs.
💌It is my honor to share your comments with me💌
🔎 DYOR
💡Wait for the update!
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.