Yo traders,
Today i thought of trading one of the Indices.
NAS 100 has been on a downtrend and is presently moving in a corrective channel.
As you can see the Swing DE is a rising wedge swing and hence i believe that the price will respect the resistance and move downward.
I will be going short when the price breaks the wedge.
Please like, share and comment
Thanks
Madtradex
Today i thought of trading one of the Indices.
NAS 100 has been on a downtrend and is presently moving in a corrective channel.
As you can see the Swing DE is a rising wedge swing and hence i believe that the price will respect the resistance and move downward.
I will be going short when the price breaks the wedge.
Please like, share and comment
Thanks
Madtradex
Note
Currently in good profits. Gone short at break of trendlineNote
this has been an awesome trade. profits collected at support
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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.
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.