Forexintelligence_NA

Nas100 quick short opportunity

Short
FX:NAS100   US 100 Cash CFD
Traders here is a quick sell opportunity on Nas100. We know price is in a strong downward momentum and bears do not want to give up their positions yet. We can expect price to fall a little more to the demand zone as price didn't completely reach the level. With this short position I will target 13200. It is important though to cut positions before 13200 as we approach the demand zone for safety.

Do also consider checking out my previous idea for you to have a clear understanding of why I am taking this short position.


Previous idea


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