NAS100 sell idea update Trade took longer time than expected but it reached first target at 12050 yesterday(800$+ move). Price broke below daily bullish structure and it could potentially continue to downside. still targeting lows for this year as marked on the chart(9750).
buy to sell idea Potential nas100 move upside to 12880-13k to complete W structure. Also there was a breakout of minor structure so on technical perspective it could go upside. But interest rate today is going to be main factor. FED is expected to increase rate by 25bps but there could be surprise with 50bps because inflation is still high. 25 bps could bring...
update - buy target reached and sell trigered sells trigered yesterday and sitting around 300$ after that sniper entry at around 12850$. Targeting aroudn 12055-12000 today.
sell idea New year new trading opportunities. Looking at good potential short on US500 for the start.Still in the big downtrend channel with last monthly closed bearish after hitting 4100$+. Dxy coming back up at year open and usd seems to be gaining some strenght again. Looking at 3250 for final target. targets: tp1 - 3550$ tp2 - 3250$