Here's my Daily analysis on Nasdaq.
1. The price shifted structure on 16758.50 and left a bearish breaker block behind to return to.
2. It looks like it's aiming for the mean threshold of a breaker.
3. Price should respect the zone of a breaker then melt right after that.
4. In order for sells to be valid we need to see the bodies of daily candlesticks respecting the zone.
5. Then after that we go to smaller timeframes for the execution.
2. It looks like it's aiming for the mean threshold of a breaker.
3. Price should respect the zone of a breaker then melt right after that.
4. In order for sells to be valid we need to see the bodies of daily candlesticks respecting the zone.
5. Then after that we go to smaller timeframes for the execution.
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