Nasdaq 100- Bull Trap, SELL!

T_Harth Updated   
TVC:NDQ   US 100 Index
Attached: NDQ Daily Live Market Chart as of 20th March 2023

- Price has triggered a Bearish Anti Butterfly Harmonic Pattern
- Price has also broken Previous Day Low with Previous Day being a Doji Candle
- And this Sell Off today comes after a Run up which is potentially a False Breakout from a Bull Flag
- The saying goes like, "From False Moves come Fast Moves in the Opposite Direction"
- The Divergence between S&P 500 and Nasdaq looks like Nasdaq will resolve on the Downside to align with the S&P 500

Plan of Action:

Price Holding below 12680
has a Downside📉 Target🎯 open to:
T1= 11830 to 11700
T2= 11250 to 11100
Trade closed: stop reached

Siddharth Bhansali

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