scale into shorts
Hello guys,
don't be fooled from yesterday's breakout in Nasdaq of the descending triangle.
We don't have that much upside potential.
Also if this is really the bottom (what I really don't think), we will retest it.
All in all, best thing you can do right now is to scale into shorts until 12700-12800.
If we break this zone we can consider a Bottom, but also then we will come back to at least 11400-12000 to retest it.
Cheers out!
(not a financial advise)
don't be fooled from yesterday's breakout in Nasdaq of the descending triangle.
We don't have that much upside potential.
Also if this is really the bottom (what I really don't think), we will retest it.
All in all, best thing you can do right now is to scale into shorts until 12700-12800.
If we break this zone we can consider a Bottom, but also then we will come back to at least 11400-12000 to retest it.
Cheers out!
(not a financial advise)
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