Ndx Watch Hour: Drop Base Drop

Updated

On Friday, we got a double top pattern after the failed double bottom couldn't get past the 15050 in Nasdaq 100. The bears pushed past the 14200 zone with a bearish pull manifesting afterwards.
Today (pre-market) the bears keep leaving trails when a Drop-base-drop supply continuation pattern shows up, the question now is---where's the new supply zone going to be at and do we get a ride to 13030?

Be sure to follow me and smash my like button to stay in touch with my updates..
Streams are coming!

P.S: Happy Valentine's day
Lazyluchi

Trade active

First signal for the week. Looking to take a short sell to 14k axis. If the sellers are still in anyway...

Trade closed: stop reached

-126

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Mid area?Bigger picture screamsbearish pull..The market however is looking pretty bullish.The mix, indecision..
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I've come to very conclusion that---in trading, having a mind of your own is bliss. You must be a fool thinking your guru can 100% predict the market. Unless he trades billions (can actually move the market).We are all just mere spectators hoping to join the winning animal.

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The nasdaq100 hasn't decided yet. Stream by 10:30am est. Don't miss it!

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Nasdaq 100 struggling at the mid. The mid (14600) confirms our bulls.

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Nasdaq100: Do daily pullbacks work? A bearish pull or bullish correction? Time will tell...

Trade active

Risking 1.89% to gain 4%

Trade closed: stop reached

Yet another discriminating loss. 1.8% after the 1.2% loss. Seems like it's "L's" week. Anyway, I'll have to wait for another signal. Although I love that I'm not as picky---as before. I find my self, selecting trades I'll take making me fear losses. "Big progress"---I must add.

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Pfft well, side-lines it is. How's your Thursday going?

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Two mid-points; two scenarios. #nq

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Daily pull formed along side---divergence and a double top. Screams bears! How's your week been? #nq

Trade active

So do we have that pull now? Is this bearish? I see the Lh and correction but we haven't exceeded the previous Hl... Surpassing it confirms that we're bearish and not dancing in some side ways market.

Risking: 0.99% to gain: 2.3%. Don't miss my streams.

Trade closed: target reached

That went well. Gained 2% with that one. Took three trades for the week. Anyway, have a lovely weekend dear traders. The Nasdaq100 bears are still working. By the way, if my channel holds then a different story might be told next week.. #nq

lazyluchi

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