NAS100 Takes a Dive: How Traders Can Navigate the Bearish Move
Hi Everyone!
I'm excited to be back and ready to trade with all of you. I took a little break, but now I'm refreshed and ready to go! I wanted to give you an overview of my technical analysis for NAS100.
Currently, I am looking at an ascending triangle on the 4-hour timeframe. It has broken the trend on multiple higher timeframes which is a good sign for a potential bearish move. However, I am still cautious and waiting for an overall retest to the 12222 level or coming back up to 12344 before descending for a bearish move and sell.
I will continue to monitor the market closely and adjust my strategy as needed. Let's make some profitable trades together!
I will update later for TP, but looking for it to hit the 11520 area
I'm excited to be back and ready to trade with all of you. I took a little break, but now I'm refreshed and ready to go! I wanted to give you an overview of my technical analysis for NAS100.
Currently, I am looking at an ascending triangle on the 4-hour timeframe. It has broken the trend on multiple higher timeframes which is a good sign for a potential bearish move. However, I am still cautious and waiting for an overall retest to the 12222 level or coming back up to 12344 before descending for a bearish move and sell.
I will continue to monitor the market closely and adjust my strategy as needed. Let's make some profitable trades together!
I will update later for TP, but looking for it to hit the 11520 area
Djuante Kellerwoods