Novi_Fibonacci

NAS100USD - Bearish Sequence

Short
OANDA:NAS100USD   US Nas 100
NAS100USD has made 3 attempts to break above the Falling Resistance and after that 3 attempt declined down further past our Low (Point A) initiating my Trade Action Plan!

Price is well underneath my Dynamic Support and Resistance and I anticipate it to come down into contact with the 200 EMA!

-SELL-
{ SL } 15176.7
{ Entry } 14967.1 - 14897.3
{ TP } 13388.1

*TRADING INVOLVES RISK! DO NOT TRADE WHAT YOU DO NOT UNDERSTAND OR HAVE NOT TESTED BEFORE! THIS IS NOT TRADING ADVICE. EDUCTIONAL PURPOSES ONLY!*

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.