The US NAS 100 is in a corrective phase.
On chart is a trade suggestion
1. Scale into position with equal lot size from the recent close up fib levels ( Sell Limit Orders).
2. Stop Loss - above the recent Supply Zone High for all positions
3. Target - the .618 extension of entries and just beyond the .786 Fibonacci for prior up swing.
4. Risk - set to max 2% ( 0.4% per position) .
RR - is fractional to 1.44.
On chart is a trade suggestion
1. Scale into position with equal lot size from the recent close up fib levels ( Sell Limit Orders).
2. Stop Loss - above the recent Supply Zone High for all positions
3. Target - the .618 extension of entries and just beyond the .786 Fibonacci for prior up swing.
4. Risk - set to max 2% ( 0.4% per position) .
RR - is fractional to 1.44.
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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.