NAS100 - TOP ALERT - Bearish Scenario / 50% GAINS !!!
Updated
-NEW author on TradingView
-2+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering crypto/US stocks
NAS 100 1h: BEST level to SHORT 50% gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: NAS 100 1h chart review / outlook
::: bounce imminent right now
::: likely setting up for a bigger move downwards to complete the expanding triangle
::: however short-term I recommend to focus
::: on selling HIGH from confirmed resistance
::: Bearisch Scenario plays out if there is now follow through till US Elections in November
::: key resistance: 10900-11000 USD
::: key support level: 9800 USD
::: recommended strategy: SHORT IT 10900 USD
::: SL 11100 USD TP 9800 USD
::: good luck traders
-2+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering crypto/US stocks
NAS 100 1h: BEST level to SHORT 50% gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: NAS 100 1h chart review / outlook
::: bounce imminent right now
::: likely setting up for a bigger move downwards to complete the expanding triangle
::: however short-term I recommend to focus
::: on selling HIGH from confirmed resistance
::: Bearisch Scenario plays out if there is now follow through till US Elections in November
::: key resistance: 10900-11000 USD
::: key support level: 9800 USD
::: recommended strategy: SHORT IT 10900 USD
::: SL 11100 USD TP 9800 USD
::: good luck traders
Trade active
Bulls kept trying AND UTAD played out. But red TL will show weakness
Note
Red Trendline Break means Good Night Bulls !
Disclaimer
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.