Agressive Short Call w/
*Tight Stop Loss for NASDAQ100
Adjust your own leverage properly
Confluencing Resistances:
*SL on Daily Wick (first signs of trouble taking place in Price Action)
*Trendline Rejection as resistance coming from Highs
*200EMA confluencing as resistance on Daily
*Channel's Resistance Trendline.
In case Stop Loss is activated,trend may be shifting for higher targets.
We'll have a trendline breakout on that case scenario, and a new Higher High printed on smaller time frames, a changed downtrend to uptrend resumption at the next short opportunity for Nasdaq.
Next shorting opportunity will be it's 0.618 zone marked on yellow.
TRADE SAFE
Note that this is not Financial Advice !
Please do your own research before participating on any trading activity based soly upon this idea
*Tight Stop Loss for NASDAQ100
Adjust your own leverage properly
Confluencing Resistances:
*SL on Daily Wick (first signs of trouble taking place in Price Action)
*Trendline Rejection as resistance coming from Highs
*200EMA confluencing as resistance on Daily
*Channel's Resistance Trendline.
In case Stop Loss is activated,trend may be shifting for higher targets.
We'll have a trendline breakout on that case scenario, and a new Higher High printed on smaller time frames, a changed downtrend to uptrend resumption at the next short opportunity for Nasdaq.
Next shorting opportunity will be it's 0.618 zone marked on yellow.
TRADE SAFE
Note that this is not Financial Advice !
Please do your own research before participating on any trading activity based soly upon this idea
Comment:
Nasdaq so far for the day this idea was released
Nasdaq so far for the day this idea was released
Comment:
Markets reacted on green today over CPI numbers rolling out at 8.50%, creating a Local Inflation Peak at 9.10%
Double Top stopping today's rally on Nasdaq, or stop loss will be triggered ?
Markets reacted on green today over CPI numbers rolling out at 8.50%, creating a Local Inflation Peak at 9.10%
Double Top stopping today's rally on Nasdaq, or stop loss will be triggered ?
Comment:
CPI rally over or markets have just gotten started ?
CPI rally over or markets have just gotten started ?
*Daily