currencynerd

nasdaq approaching hourly imbalance.

Long
BLACKBULL:NAS100   US 100 Cash CFD
Investors/traders/speculators have their eyes on US STOCKS as we have witnessed a drastic decline on the us market over the few past weeks. I normally like to look for trading opportunities on larger timeframes but due to the increased volatility and indecisiveness of the markets i sticked to intraday timeframes on the 1hour I see a buying opportunity as price is approaching 1hour demand 13959.23 with targets at top on the bearish trendline.

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