The NASDAQ has been rising for days, but volume is weak. At the same time, new geopolitical tensions threaten the stability of the stock markets. Nevertheless, the markets are proving robust - until now.
This setup represents a great short opportunity. We open a position as soon as buyside liquidity is taken. The possible exits can be seen in the chart. The trades offers RRRs of 3.3:1 and more than 7:1, respectively.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.