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FiboTradeMasters
Dec 3, 2019 2:34 PM

Nasdaq NQ Fibo Positioning for Short Trade Short

E-mini Nasdaq-100 FuturesCME

Description

Nasdaq NQ having crossed the fibo level of 1.618, increased likelihood of trendturn to short for medium term. Look out for next retracement to 61.8% levels for short entry.

Comment

Last max retrace was lesser than 3%, mkt looks bullish after today's NFP. Might break high again before trying for trendturn to short again.

Comment



Can try for short at good risk reward here.

Order cancelled

Broke new high, so idea reset to monitor for dip from new high
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