Trade idea on Nasdaq SHORT

NQ1!

short entry on NASDAQ or QQQ at 50% retracement. It perfectly aligns with the top channel forming.
i can see NQ! back to retest the lower channel and bouncing at demand levels.
if the analysis is correct then the trade idea on TSLA will work as well.

trade idea on TSLA


if the NQ! break the channel and the 50-60% fibonacci levels, then the trade is invalid.


Chart PatternsFibonacci RetracementretracementshortTrend Analysis

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