PULEMokhothu

US100 10633.1 +0.84% SHORT IDEA * STRUCTURE & TECHNCALS ANLYSIS

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PULEMokhothu Uppdaterad   
CURRENCYCOM:US100   US 100
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

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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 avbruten:
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
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