nas100 analysis - 06 feb 2023
too late with publishing this trade i took on nas100 but my reasons were as follows
- a double top formed last week at a significant resistance level
- market then broke the neckline of that double top
- waited for a retest of that neckline which occured at the london open and the new york open
- waited for a formation of a lower high on the M5 after the rejection than placed my sells
- take profits are at the 12187 level then we'll see what price does when it gets there
- a double top formed last week at a significant resistance level
- market then broke the neckline of that double top
- waited for a retest of that neckline which occured at the london open and the new york open
- waited for a formation of a lower high on the M5 after the rejection than placed my sells
- take profits are at the 12187 level then we'll see what price does when it gets there
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