Hello traders :)
I am back with another trader idea. In the case of Nas100, we can expect a move to the downside soon.
Like I've mentioned in previous analysis shared on indices. In general, May is a bearish month for the Indices.
I will be shorting this pair for a 3-4R. It can be traded as a correction, or we can look to hold until the end of May.
I will update the idea accordingly.
Trade safe! Until next time :)
I am back with another trader idea. In the case of Nas100, we can expect a move to the downside soon.
Like I've mentioned in previous analysis shared on indices. In general, May is a bearish month for the Indices.
I will be shorting this pair for a 3-4R. It can be traded as a correction, or we can look to hold until the end of May.
I will update the idea accordingly.
Trade safe! Until next time :)
Trade closed: stop reached