Nasdaq Cash

CHART BREAKDOWN NASDAQ: Key Levels, Targets and Thoughts!

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Brief Description🖊️:

The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 19525 to 19475. Additionally, one medium-risk sell zone between 20030-20075, respectively, is highlighted.

Things I Have Seen👀:


Important Supply Zone🟢: Identified between 20030 and 20075, serving as a low-risk sell.

Important Demand Zone🟢: Identified between 19525 and 19475, serving as a low-risk buy.


Bullish Targets📈:

19575: Possible retracement area.
19675: Possible retracement area.
19825: Possible retracement area.
19950: Possible retracement area.
20030: Significant supply zone.
20100: Liquidity area.


Bearish Targets📉:

19950: Possible retracement area.
19825: Possible retracement area.
19675: Possible retracement area.
19575: Possible retracement area.
19575: Essential Demand Zone
Ultimate Target: 19500- Laying Low Liquidity



What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.

Penafian

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