US100 (Nasdaq 100) Jan 10, 2023
PA (Price Action) is weak and price not able to break down or above the support/resistance key levels
I was lucky keeping 1 micro contract short from yesterday high, that gave me satisfactory profit
will keep monitoring the price action, and will not engage in new position until I see more clarity on which direction to pick
I am sharing what it seems for me as H&S pattern and used Fib Extension to get better idea about the probabilities (not used for Fib Ext. so will also evaluate if I used correct)
RSI, Stoch, and MFI not showing Over Bought or Over Sold
Will Keep away to reduce my risk
I was lucky keeping 1 micro contract short from yesterday high, that gave me satisfactory profit
will keep monitoring the price action, and will not engage in new position until I see more clarity on which direction to pick
I am sharing what it seems for me as H&S pattern and used Fib Extension to get better idea about the probabilities (not used for Fib Ext. so will also evaluate if I used correct)
RSI, Stoch, and MFI not showing Over Bought or Over Sold
Will Keep away to reduce my risk
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