Nasdaq and expected selling areas

Nasdaq and expected selling areas.

 

Nasdaq was able to fall and form strong supply areas

After making a false break of the trend shown on the chart.

Currently, Nasdaq is trying to return to rise again to test the supply areas

In case of an actual rise, a fall is expected from the areas to the targets shown on the chart.

The analysis fails in case of a breakout and closing above the supply areas shown.

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