Right now, NQ has seen strong trending conditions, we are at a decent demand area after the first initial rejection of ATH.
Its currently holding at the demand zone, if it were to hold, I'm expecting to see retest of the ATH with and FTR (failure to retrace) as there is an OB order block that was also created at time of mitigation. With the current slow grind, up to the order block. I expect filling of those orders and instant rejection, which may result in a flush to fill at the inefficiencies from the last trending week
Now if the demand that is currently creating the up move gets consumed, we may see that instant flush for those same inefficiencies creating selling pressure.
Its currently holding at the demand zone, if it were to hold, I'm expecting to see retest of the ATH with and FTR (failure to retrace) as there is an OB order block that was also created at time of mitigation. With the current slow grind, up to the order block. I expect filling of those orders and instant rejection, which may result in a flush to fill at the inefficiencies from the last trending week
Now if the demand that is currently creating the up move gets consumed, we may see that instant flush for those same inefficiencies creating selling pressure.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.