DvnielTrading

NASDAQ Short Bias but potential for long

OANDA:NAS100USD   US Nas 100
This is my idea not advice

The trend momentum is very bearish bias and the move upwards are likely retracements back downs. Currently no confirmations are there to state a bullish bias, though we might potentially see a bullish possibility if that resistance is broken. The big idea is to have a possibility of plans, but the ultimatum is to trade on reaction in these hyper-volatility times. I truly wish good luck to all to make some good money, trade smart and trade with RR in mind lads.
Comment:
RR looking good for the bulls.

Trade closed: target reached:
It seems to have gone bearish below expected supports, will wait for further confirmation of possible upside, basically as stated before.

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.