NASDAQ 4H - This market has been reacting to areas provided perfectly, I will be sure to link this with previous analysis that I have provided to show you all the short we could have placed.
I have marked it out with a yellow path and you will see that price has also reacted well to the FVG that was marked out as well, filling this area before taking us higher in this market.
As we now this market is heavily dominant on the bullish side so looking to go long in this market is our safest bet but there is no harm in looking for shorts when taking part in the correction, its just important we are cautious with our trades.
I have an area of interest marked out that I feel price may come to trade down and into before the next bull run, this allowing us to get in at a very good price. This will also confuse some retail traders as they may see this as a sign of bearishness due to the break in the last low, manipulating traders.
I have marked it out with a yellow path and you will see that price has also reacted well to the FVG that was marked out as well, filling this area before taking us higher in this market.
As we now this market is heavily dominant on the bullish side so looking to go long in this market is our safest bet but there is no harm in looking for shorts when taking part in the correction, its just important we are cautious with our trades.
I have an area of interest marked out that I feel price may come to trade down and into before the next bull run, this allowing us to get in at a very good price. This will also confuse some retail traders as they may see this as a sign of bearishness due to the break in the last low, manipulating traders.
