Seems we're BEARISH on NASDAQ

19 Apr

The market perfectly fulfilled our analysis and drove downwards with more thanks to the economic news of yesterday. The market is currently in a brief retracement to the minor zone where we expect a good signal for a SELL position around 17370. On the weekly TF we can see a huge BEARISH candle while on the daily, there is a long-tailed candle indicating a brief reversal but certainly a downward continuation of the price action.

NB: This is not a financial advice. Use wise risk management.

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