NAS100 ShortBeen waiting to short this for a while. I originally was going to short from the double top of the previous high pre-corona virus price, but it impulsed out of the zone and just waited for a better set up and these are the possibilities ill be looking out for. For the amount of money being stimulated in the market there is going to be a pull back and now we have passed previous highs and are in unmarked territory. There will be FUD affecting different trade decisions.
Nas100sell
Equity Markets Priming for the Big ShortsThis is the NAS100/USD at an extreme high value area at the Bigger Double Top reaching all-time Highs. This may be acting as a False Breakout with a lot of the Equity Markets shaping up in similar fashion. This Larger Reversal Structure here is giving me a great indication of a potential Shorting Opportunity for the week ahead. If this does shape up, i will be taking this position and looking to scale into the move on the way down.
Adopted Equity Markets a lot more recently with a lot of Volatility on Currency due to the worldly circumstances.
SELL NAS100 - OPPORTUNITYLikes and comments if you want more trading setup. Thank you!
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The price seems to go up and
respect the up channel. But we
have a formed resistance.
What's the best decision?
I recommend you put sell limit
to 9435 in case it breaks resistance (SL9572)
If the price don't break the resistance
and go down, I recommend you put
sell stop at 9323 (SL 9426)
I'm going to do some update.
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NASDAQ respecting Support&Resistance with Trendlines 1hr(Sell)Congrats and our previous sell and buy..So now back to resistance once again..And now a short buy long sell seen... as long as resistance isnt broken then sell!..However we expecting a huge downfall soon on NASDAQ before NFP.. Note:- As long as neither Sup/Res is broken we keep taking advantage of the ranging.. Please comment and share your ideas too Thanks!