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Uncharted-FX
Aug 3, 2019 7:51 PM

Nasdaq breaks higher low swing... Short

US Nas 100OANDA

Description

Very similar to my S&P500 trade idea lined below.

Broke and closed below an important support/flip zone.

From here we want to see a lower high being made on the daily chart.


Again, the 4 hour chart shows a retest and rejection of this support now turned resistance flip zone.

Ideally, we want to see a pullback to make a lower high on the daily chart, and then a break below recent lows to confirm this first swing or lower high.
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