Indices such as Nasdaq, German 30 and US30 are currently the best indices that one can trade, which highly respect trade setups most especially trend analysis and breakouts, last week we made good money trading Nasdaq and had also seen a number of traders flipping their accounts on the Nasdaq buys that happened from Thursday and this week we expect a slight push up towards the order block on Nasdaq.
In the past week Nasdaq has been in a bearish run until Thursday where it was able to make a strong push to the upside after finding support on the trendline, the market is currently on its way towards the order block which is at the same level as the Optimal Trade Entry (OTE) zone which will give sellers a very strong advantage as the smart money is planning to open strong sell levels on the marked level.
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