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FXbrawler
Mar 13, 2018 2:14 PM

Nasdaq running on steam? 

US Nas 100OANDA

Description

The volume has been getting lower and lower as we reached new highs and it seems that we are just running on steam. I am not taking positions yet as I didn't get a signal from my systems but this is looking very bad.

Trade active

Shorting

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Shorting more

Trade active

Bearish engulfing pattern on the 1 hour, adding more.

Trade active

Support failing, adding more.

Comment

If you have missed the boat on the initial breakdown, this might be the chance if resistances are able to hold.

Trade closed manually

Taking some profits here
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