Zxac

NASDAQ INDEX SHORT IDEA (SHORT - MID TERM)

Short
Zxac Updated   
SKILLING:US100   US100 CFD
Idea: Short around 13350 - 13450 range (RR Ratio 3+)
Reason: Tested key resistance 13370, 1h 2h 4h daily candle shows potential signs of retracement
Additional indicators used to support the case: Upward channel, RSI heavily over, Awesome Oscillator in 1h 2h 4h signals an upcoming correction
TP: Based on key resistance/ support level
SL: Above next resistance/ support level 13550
Key targets (Short-mid term): 13220, 13100, 12990, 12870, 12680, 12550
Comment:
Update: First wave of sells hit 1st target range 13220, starting second waves from above 13420
Trade closed: target reached:
Update: 2nd wave of sells closed at breakeven profit from 13420, new entry to look out for is 13600-13800
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