More than 2 month ago I was rightfully bearish on Nasdaq.
At the same time I placed an important line on the chart that read "confirmation for the upside".
Both predictions aged out very well, check the post (and clip) below.
https://t.co/aeZ0AwIrhW
@blancolivier2 I am leaning bullish right now, but I'm expecting a normal retracement going into next week. If we stay above 24600-700 (candle body) and we see a bullish reaction there, then bulls are in control. Loose 24500 and things will become unclear and we'll need to wait and see
@blancolivier2 O feel you, bro, sometime we get carried away by what we want to happen, instead of waiting for confirmations...but we grow and we learn everyday
@blancolivier2 lesson to be learned: after the sweep, you should have waited for displacement and at least a csd, if not a complete mss. The second setup shows clearly that when these conditions are met, then it's a walk in the park. Like stealing candy from a child :))
Have you ever felt the need for a very simple and straightforward explanation of why liquidity is important and how it works in real-life trading? Watch this:
https://t.co/1r0b3ls0CC
#ictconcepts#liquidity#daytrading#smc
@SirHisham_ oh boy, oh boy, that was fast :))) 4400 broken with momentum, almost touched the 3900-4000 area. Let's wait the end of the day, but chances have increased for the downside, obviously
@SirHisham_ most probably we will take the lows at 4400 ish. There we need to see the reaction: if it's just a liquidity grab followed by recovery, then long at least until the premium area around 5000. If instead we see a sustained breakout below 4400, then short towards 3900-4000.