NASDAQ, August 4, H4 - H4

Thursday, August 4, 2022 6:39 PM

Hi dear friends,

Price is moving in the range of the H4 uptrend channel. There are two scenarios.

1. Red scenario: moving towards the resistance range of 13536 - 13590 and then towards the support zone of 12858 - 12910.

2. Yellow scenario: breaking the resistance zone of 13536 - 13590 and pullback it and then moving towards 14200.

Best Regards

Rezgar