Nasdaq 100 IndexShort
How to trade Bearish channels???
Updated
A channel is an area between two parallel lines, the upper trend line (resistance line) and the lower trend line (support line). A channel can be used as an entry pattern for the continuation of an established trend..!
1-AAPL:
2- MSFT:
3- GOOG:
4- AMZN:
5-TSLA:
6-FB:
Keep in mind:
We are going to move toward the lower borders of these channels in the coming weeks!
Education:
Channels are much more reliable than other technicals analysis tools..!
Set up your Alarm function to "Exiting from Channel" and frequency at "once per bar" and trade if you see reversal patterns at top or bottom of the channel!
Example:
My last bullish NIO analysis on January 2nd, 2021:
or
BABA:
Conclusion:
looking for short opportunities near the upper border and price action near the lower border for short-term bullish moves!
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
1-AAPL:
2- MSFT:
3- GOOG:
4- AMZN:
5-TSLA:
6-FB:
Keep in mind:
We are going to move toward the lower borders of these channels in the coming weeks!
Education:
Channels are much more reliable than other technicals analysis tools..!
Set up your Alarm function to "Exiting from Channel" and frequency at "once per bar" and trade if you see reversal patterns at top or bottom of the channel!
Example:
My last bullish NIO analysis on January 2nd, 2021:
or
BABA:
Conclusion:
looking for short opportunities near the upper border and price action near the lower border for short-term bullish moves!
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Note
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