Break of structure at the daily creating a higher high
Entered longs at the demandzone/orderblock as highlighted.
SL at daily support (higher low)
Target recent highs at 22,920
COT data indicates that last week, institutions continued to buy NASDAQ heavily.
Entered longs at the demandzone/orderblock as highlighted.
SL at daily support (higher low)
Target recent highs at 22,920
COT data indicates that last week, institutions continued to buy NASDAQ heavily.
Trade active
4H TIMEFRAMEBullish engulfing formed at the DEMAND ZONE. Very good bullish sign.
Note
4H candle closed above the previous candle. = Target closed candle high.Trade closed: target reached
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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.
Related publications
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.