Nasdaq - H4 Overview 27 Apr 2021
Note that we only trade Price Action. Indicators will be used for extra confluence.
Ooverall we can clearly see that Nasdaq has been on a Bullish trend. However, switching over to an H4 chart we noticed that price has found Resistance at 14064.9. This level is being tested a number of times. We also have a minor Support at 13739.7 this is a level which we will review if we will be Buying or the the market will break the level for Sells. Meantime there's no clear BUY signals. Wait for confirmation. Price is Range Bound.
Ooverall we can clearly see that Nasdaq has been on a Bullish trend. However, switching over to an H4 chart we noticed that price has found Resistance at 14064.9. This level is being tested a number of times. We also have a minor Support at 13739.7 this is a level which we will review if we will be Buying or the the market will break the level for Sells. Meantime there's no clear BUY signals. Wait for confirmation. Price is Range Bound.
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