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Us100short

US100 12433.2 0% SHORT IDEA * PRICE ACTION & STRUCTURE Hello everyone Hope everyone is doing great this week here's an idea on NASDAQ SWING TRADE FROM THE 4H chart * NAS broke out of that ascending channel remained very choppy and indecisive upon breakout of structure. * Now we see a build up of a descending channel and the index is at the base of this structure * looking for a retrancement / correction to retest level 12305.5 at Fib level 38.2 % * should price bring us to that point looking for shorts as would be targeting continuation with the bears if price continues with the bulls or here are significant moves with the bulls this changes the plan * follow your entry rules on entries * significant moves with the bears change the plan. * TIGHT SL lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
UShort
by PULEMokhothu
2
US100 12750.3 + 3.32 % LSHORT IDEA * PRICE ACTION & STRUCTURE Hey everyone A look at NASDAQ, hope you are having a good one. * Nasdaq has been trading in a descending channel on the 4H CHART RESPECTING structure we saw a test of the base of structure and a push up with the bulls into a bear flag, currently consolidating in this structure. * Looking this structure to hold and see a continuation of the bearish move targeting FIB EXT 0.618 * follow your entry rules on entries * significant moves with the bulls change the plan. * TIGHT SL lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
UShort
by PULEMokhothu
2
US 100 SHORTlooking at a 1 month charts, with the completition of the 5 th impulse elliot waves. we can see that every waves did bounce on a fibo retraement/exension combinaison (i noted the one i don't show on the chart) also a simple extension of wave 1 give us a clear sign of the end of the 5th wave. it's actually to see a market following fib level that perfectly (i let one fib extension so you can see how the price move perfectly into each fib levels. but this is also a warning. ether we have a bear correction of the market ether we have a chopi market incoming. i wouldn't recomand to any investor to put their monney into the stock market as of current time. risk to reward isn't in your favor anymore
NASDAQ:NDXShort
by RICHMONSTOCK
2