UnknownUnicorn32021811

NASDAQ Double Top

Short
OANDA:NAS100USD   US Nas 100
Double top pattern formed on the NAS100USD

If the price falls bellow the neckline, you can be fairly certain that the price will continue to fall. If the neckline holds, I will shift my recommendation to a buy rating.
Comment:
Aiming for the 38.20% Fibonacci if neckline is broken
Comment:
Price was rejected by 50.00% Fibonacci level and is approaching the neckline
Comment:
Neckline holding, bulls might be in control
Trade active:
0.90% profit so far, trade going well
Trade closed manually:
1.00% profit, closing the trade to sleep.
Comment:
It was the perfect trade and demonstrates why you should stick to the plan. I lost out on 1.16% profit because I was worried to leave the trade open as I slept
Comment:
If the 38.20% Fibonacci holds, ill be looking to buy.
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