NAS100 Takes a Dive: How Traders Can Navigate the Bearish Move
Hi Everyone!
I'm excited to be back and ready to trade with all of you. I took a little break, but now I'm refreshed and ready to go! I wanted to give you an overview of my technical analysis for NAS100.
Currently, I am looking at an ascending triangle on the 4-hour timeframe. It has broken the trend on multiple higher timeframes which is a good sign for a potential bearish move. However, I am still cautious and waiting for an overall retest to the 12222 level or coming back up to 12344 before descending for a bearish move and sell.
I will continue to monitor the market closely and adjust my strategy as needed. Let's make some profitable trades together!
I will update later for TP, but looking for it to hit the 11520 area
I'm excited to be back and ready to trade with all of you. I took a little break, but now I'm refreshed and ready to go! I wanted to give you an overview of my technical analysis for NAS100.
Currently, I am looking at an ascending triangle on the 4-hour timeframe. It has broken the trend on multiple higher timeframes which is a good sign for a potential bearish move. However, I am still cautious and waiting for an overall retest to the 12222 level or coming back up to 12344 before descending for a bearish move and sell.
I will continue to monitor the market closely and adjust my strategy as needed. Let's make some profitable trades together!
I will update later for TP, but looking for it to hit the 11520 area
Djuante Kellerwoods
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.