Short

NASDAQ Short position.

Updated

Nasdaq has provided me with a clear Head & Shoulders pattern, Trendline just broke out but the lagging volatility tells us another story regarding Bearish momentum. Still Shorting the infamous index though.

Note

NASDAQ experienced increased volatility to the downside but failed to reach our anticipated target level 7751.20. Price reversed just above the 7778.10 support level.

Trade closed manually

Note

Trade respected the initial trade setup.
Price formed a minor head and shoulders trade setup before the continued price drop.

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