NAS100 Sell Idea
Nas100 Ran up to right about the 19,115 area and stalled.
Nas100 Tried to break this level again , and failed and rejected it.
Nas100 then moved down a little and is pulling back up to the area again.
I believe that this area is resistance and I believe that NAS100 will fall from this area.
I am waiting to sell when I get a sell signal on early time frames.
This idea is based on the phenomenon known as support and resistance. This means that sometimes traders will believe that the market will turn around when price can no longer move above a certain area.
Please trade small. When I trade small and give the trade room to breathe, I usually win the trade. When I trade big... I almost always lose.
Good Luck
Nas100 Tried to break this level again , and failed and rejected it.
Nas100 then moved down a little and is pulling back up to the area again.
I believe that this area is resistance and I believe that NAS100 will fall from this area.
I am waiting to sell when I get a sell signal on early time frames.
This idea is based on the phenomenon known as support and resistance. This means that sometimes traders will believe that the market will turn around when price can no longer move above a certain area.
Please trade small. When I trade small and give the trade room to breathe, I usually win the trade. When I trade big... I almost always lose.
Good Luck
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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.
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.