I see 2 possible scenarios playing out on NASDAQ.
Although scenario 2 is highly unlikely we are in a HTF POI which can act as a resistance in the short term. There are some pretty nice liquidity pools in he form of relative equal lows to the sellside that can get targeted.
On the other hand scenario 1 pretty much just follows along with the HTF trend and OF. We also have an opening gap that price might gravitate toward as well as the liquidity above the highs.
Lets see what happens!
Although scenario 2 is highly unlikely we are in a HTF POI which can act as a resistance in the short term. There are some pretty nice liquidity pools in he form of relative equal lows to the sellside that can get targeted.
On the other hand scenario 1 pretty much just follows along with the HTF trend and OF. We also have an opening gap that price might gravitate toward as well as the liquidity above the highs.
Lets see what happens!