NAS100 short #1

Price has generally broken out HTF structure which I'm sure we can all agree on. So far price has made a bigger expanding type structure, so for those who want to see what im talking about, ima post another for more clarification

Price within the expanding structure is making this parallel structure which could possibly move more down. As we know this type of structure could be both reversal or continuation. So for entry ima wait for price to break and create smaller correction before entering. As i learned, were not trying to get in all the trade, part of being a consistent trader is to look for trades that fit your plan and not just any.

My target is 13450.1
Beyond Technical AnalysisTrend Analysis

Disclaimer