NASDAQ MARKET ANALYSIS

Hello traders, I hope you're doing well this wonderful Friday. It's been quite an eventful week in the markets with lots of fundamentals from various Central banks like the FED, Bank of England and also Swiss National Bank all on monetary policy basis bringing a lot of volume into the markets. Into the markets today I've been looking at NASDAQ where price rallied to a major H4 & daily supply zone at 12862.18 & 12740.04 which is the origin of the previous major drop to the H4 demand zone at 11925.89 & 11771.25. Price filled the major H4 range from the major H4 & daily supply zone at 12862.18 & 12740.04 to the H4 demand zone at 11925.89 & 11771.25 and back to the major H4 & daily supply zone. Price rallied into the major H4 & daily supply zone and formed a strong rejection wick on H1 & H4 with candle close inside supply followed by a strong drop in one large H1 bearish engulfing candle to the 1st H1 low at 12560.68. Price then retraced back to supply at 12862.18 for a retest before another bearish push. Price rallied into supply and formed a rejection wick with candle close inside supply. 
Took sell positions yesterday during NY session at 12862.30 with SL at 12964.80. Setup taken is a rally base drop, a reversal setup and my target is at 12430.00. Price dropped in 3 strong bearish candles to 12597.30 confirming the bearish sentiment then retraced to retest supply at 12740.04 before a continuation of the drop. Took a scale-in position during London session today at 12745.00 with SL at 12826.25 with the same prevailing target.