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wasiheider
Mar 20, 2024 5:23 PM

NAS100 Rising Wedge Break - Sell on Retracement Short

US Tech 100 IndexPepperstone

Description

NAS100 Daily Chart Rising Wedge Break
Sell on Rise with SL above the highs
TPs calculated based on risk taken
Price Projection based on Rising Wedge
Pattern width
1:3 RR Trade
Comments
FrankBrugmanVsdfg
this is definitly not going down
tdo1993
Exactly going down .. but sadly no
wasiheider
This trade plan is moot. we have been consolidating in this 200 point range all week. Once this range breaks to upside or downside will post a trade idea
wasiheider
NAS/NQ holding support thus far. As of now downward move invalidated. Will reasses on Wednesday
wasiheider
SL hit on this. 1:3 RR trade just didn't work out. Will reasses next week
SCHOLARHIGHLAND
@wasiheider will it short next week?
wasiheider
will reasses weekly close and PA Monday, Tuesday next week then post trade idea
wasiheider
on NQ futures intraday next few days we will remain bullish if retracement to 18400 holds n gets bought. Pivot would be below 18270 on NQ. bullish next few days until it holds
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