US100 15712.4 + 0.54 % LONG IDEA * CONTINUATION PATTERNS & PRIC
HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S AN UPDATE ON THE NASDAQ INDEX AFTER THE CANCELATION OF THE FIRST SETUP .
Here we where on the first analysis.
* The index was trading in a ascending channel but seems the channel consolidated in a descending channel within this ascending structure.
- Short term the index is currently entered the ascending channel on the 4h chart.
- There is a supply zone correlating with the 61.8% fib level to look out for on the index which will serve as the 1st target.
- Looking for SHORT entries on the INDEX this week should all the rules of the formation be met.
* looking for a retest of some sorts to confirm entries on the index.
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S AN UPDATE ON THE NASDAQ INDEX AFTER THE CANCELATION OF THE FIRST SETUP .
Here we where on the first analysis.
* The index was trading in a ascending channel but seems the channel consolidated in a descending channel within this ascending structure.
- Short term the index is currently entered the ascending channel on the 4h chart.
- There is a supply zone correlating with the 61.8% fib level to look out for on the index which will serve as the 1st target.
- Looking for SHORT entries on the INDEX this week should all the rules of the formation be met.
* looking for a retest of some sorts to confirm entries on the index.
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Trade active:
TARGET 1 SUCCESSFUL ABOUT TO TEST THE DEMAND ZONE
Comment:
*SUPPLY ZONE *
Trade closed: target reached
