US100 10633.1 +0.84% SHORT IDEA * STRUCTURE & TECHNCALS ANLYSIS
Good Day Everyone
A look at NASDAQ which is currently trading at 38.2 % Fibonacci level within a ascending triangle structure which could signal continuation to the down side as we saw a couple of rejections at level 10674.3.
NASDAQ is currently range bound in structure which could be a good opportunity for the more aggressive traders before we could see more volatility coming into play...
let's see how it goes
Good luck and happy trading everyone
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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
A look at NASDAQ which is currently trading at 38.2 % Fibonacci level within a ascending triangle structure which could signal continuation to the down side as we saw a couple of rejections at level 10674.3.
NASDAQ is currently range bound in structure which could be a good opportunity for the more aggressive traders before we could see more volatility coming into play...
let's see how it goes
Good luck and happy trading everyone
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
Order cancelled:
Big impulsive move with the bears cancels the trading plan momentum to the upside suggests continuation as we are correcting this move at the moment.. Will update on this one
Comment:
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