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CarterKyleCapital
Sep 26, 2020 12:34 PM

NAS 100 TRADE UPDATE DESCENDING CHANNEL FORMING TARGETING 10,515 Short

E-mini Nasdaq-100 FuturesCME

Description

9/26 XAU BROKE THE TRIANGLE TO THE DOWNSIDE AND CURRENTLY IS IN
THE BUY ZONE THERE WAS A RARE TWEEZER BOTTOM MADE ON FRIDAY
WHICH MEANS WE SHOULD SEE THE MARKET START TO PUSH BULLISH. WITH
THE USDX BEING OB WE SHOULD SEE PAIRS CORRELATED WITH THE JPY,
EUR, AUD & NZD SHOW SIGNS OF RETRACEMENT BEFORE STARTING TO
PUSH AGAIN BEARISH. IF THIS HAPPENS THE PAIR WILL COMPLETED THE
R5 MOVE TO THE DOWNSIDE.


POS 53%
ENTRY: WAIT UNTIL A COUNTER TREND LINE ON THE 2HR AND RETEST BELOW THE DESCENDING CHANNEL

WEEKLY: DOWN R5
DAILY: DOWN R2
ENTRY: CTL 2HR R2
POS: 71%
Comments
EricKam
Thanks. It's important for me.
EricKam
Exclusive analysis. Thanks for that.
CarterKyleCapital
@EricKam, My pleasure
ChristinaKrechel
It was great to see your work
CarterKyleCapital
@ChristinaKrechel, Thank you! Stay tuned to more trading opportunities, I only post trading ideas that have an 70% or better probability of success rating to give us the odds of winning together
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