Nas100 Bearish setup Elliot Waves
Updated
Nas100 is ready to melt. Confluence analysis:
1.- Bearish engulfing.
2.- Divergence MACD Histogram.
3.- Price up & Volume down = Bearish
4.- RSI oversold
5.- 5th wave completed
Place a Sell Stop a few pips bellow the engulfing candle , stop loss few pips above last high
1.- Bearish engulfing.
2.- Divergence MACD Histogram.
3.- Price up & Volume down = Bearish
4.- RSI oversold
5.- 5th wave completed
Place a Sell Stop a few pips bellow the engulfing candle , stop loss few pips above last high
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