NASDAQ Looks for bearish continuation correction

Hello traders:

Price as we can see broke down from the previous ascending channel structure, and strong bearish impulse out of the the higher time frame ascending structure.

We then see an expanding structure and further push down from the price.

Eventually, price formed a deeper consolidations, rising wedge correction.

To confirm further downside entry, best to wait for breakout from the wedge and LTF continuation correction to get in.

Thank you

Yorum:

Yorum:

Yorum:

Exit for BE and will wait and see price form deeper bearish price action to sell.