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YoJah

NQ Short Idea

Short
NASDAQ 100 E-mini Futures (CME_MINI:NQ1!)  
YoJah Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Chart Patterns Technical Indicators Wave Analysis
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chartpattern indicator waveanalysis
Entered bear channel and at least a potential retest of demand zone. However could also be a diagonal upward. Look for lower highs and lower lows on the lower time frames (5,10,15,30) to confirm this trend.
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Minor channel upwards is still intact, if a break underneath the channel happens, can almost guarantee a retest of the low.
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A close above 18175 would make this bear channel invalid.
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snapshot


Bullish idea if uptrend stays intact.
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Final comments, wait to see how price action is an hour before london and will evaluate. Uptrend is intact but we have sell signals within the indicators on the 1h
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Short is under way.
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