u/Perfect_Payment4850

NASDAQ ready for the next move?📊🔥

  1. Price created a short-term range below resistance.

  2. Equal highs formed, meaning liquidity was resting above the highs.

  3. Price pushed into the liquidity zone and swept buy-side stops.

  4. Buyers failed to keep price above resistance.

  5. Strong rejection candles showed weak bullish momentum.

  6. This confirmed a bearish reaction from the supply zone.

  7. Entry was taken near the rejection area.

  8. Stop loss placed above the liquidity sweep/highs.

  9. Target set at the lower support/liquidity zone for a better risk-reward setup.

u/Perfect_Payment4850 — 1 day ago