churchillm

Nasdaq 100 Outlook

Short
PEPPERSTONE:NAS100   US 100 Cash CFD
Hi Again

As per previous post, this is what i mean regarding the fake Bull Flag. You can clearly see we failed to break the 4H highs and we changed structure here on M30. We have two was in which one can enter. I have previous sells holding from the liquidity purgethat happened friday but we do have an unmitigated order block at the extreme to use.

Price is doing a sell model inside this bullish flag, trade with caution as this looks like just another bull trap. My Bias remains brearish for a retracement
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.