I'm currently keeping a close eye on the NASDAQ 📉. Price has remained largely range-bound over the past few sessions and continues to show signs of pressure 🔻. While we've seen a short-term rally 🚀, it lacks the conviction and momentum typically seen in stronger trending environments 📊.
When comparing the current conditions to previous trend phases, the difference is clear. Structure is unclear, and there's no confirmation of sustained direction yet. As shown on the chart 📈, we previously saw strong bullish momentum followed by a sharp shift, suggesting indecision in the market 🤔.
In these situations, patience is key ⏳. It's just as important to know when not to trade as it is to know when to act 🎯. For now, I’m choosing to stay on the sidelines until a clearer trend develops.
Not financial advice ⚠️
When comparing the current conditions to previous trend phases, the difference is clear. Structure is unclear, and there's no confirmation of sustained direction yet. As shown on the chart 📈, we previously saw strong bullish momentum followed by a sharp shift, suggesting indecision in the market 🤔.
In these situations, patience is key ⏳. It's just as important to know when not to trade as it is to know when to act 🎯. For now, I’m choosing to stay on the sidelines until a clearer trend develops.
Not financial advice ⚠️
👀 🚀 BUY/SELL SIGNALS INDICATORS THAT CUT THROUGH VOLATILITY WITH PRECISION 🔥💰
🔗 youtu.be/N1ZBqc4VA3U
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🔗 youtu.be/N1ZBqc4VA3U
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
👀 🚀 BUY/SELL SIGNALS INDICATORS THAT CUT THROUGH VOLATILITY WITH PRECISION 🔥💰
🔗 youtu.be/N1ZBqc4VA3U
👀 👉Join Our DISCORD For MORE Trade Ideas & Info:
🔗 discord.com/invite/PcBeCdwVQq
🔗 youtu.be/N1ZBqc4VA3U
👀 👉Join Our DISCORD For MORE Trade Ideas & Info:
🔗 discord.com/invite/PcBeCdwVQq
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.