US 100 Cash CFDLong
Next move for the NAS100
In the early phase of 2022, this security asset has been on a total downtrend till date. Printing clear lower lows and lower highs.
on my daily time frame analysis, i used a trend lines to find key support and resistance area. waiting for my trade entries, i kept some alerts on. each time my alert get triggered, i put on a trade using a good proper risk reward management.
nevertheless, the trend isn't over yet but will be soon. probably December this year.
its possible to join the trend, but i wouldn't recommend that for anyone. i totally disagree with fear of missing out.
Rather we wait for the next support or maybe a breakdown before going long or short.
This analysis is mainly for swing traders.
i had a lot of controlled emotions trading this trend because the trend lines together with my alerts did a whole lot of favor to my entries, AND i trusted my analysis.
thats my view for NASDAQ
If you have problems understanding how i trade this instrument, drop a comment below and ill break it down for everyone in my next post.
I hope this analysis help your trading style.
on my daily time frame analysis, i used a trend lines to find key support and resistance area. waiting for my trade entries, i kept some alerts on. each time my alert get triggered, i put on a trade using a good proper risk reward management.
nevertheless, the trend isn't over yet but will be soon. probably December this year.
its possible to join the trend, but i wouldn't recommend that for anyone. i totally disagree with fear of missing out.
Rather we wait for the next support or maybe a breakdown before going long or short.
This analysis is mainly for swing traders.
i had a lot of controlled emotions trading this trend because the trend lines together with my alerts did a whole lot of favor to my entries, AND i trusted my analysis.
thats my view for NASDAQ
If you have problems understanding how i trade this instrument, drop a comment below and ill break it down for everyone in my next post.
I hope this analysis help your trading style.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.