NAS100 looks to be setting up for a move to the downside today.
3rd touch on the larger correction has given a nice push to the downside.
Price is now forming a nice bear flag on top of a previous resitance level.
For entry we would like to see a nice break of the current flag, which will also be a break of the now support level.
Sell stop order will be set for this one.
Stay tuned for updates!
3rd touch on the larger correction has given a nice push to the downside.
Price is now forming a nice bear flag on top of a previous resitance level.
For entry we would like to see a nice break of the current flag, which will also be a break of the now support level.
Sell stop order will be set for this one.
Stay tuned for updates!