US100 CFDShort
Short anticipation on Nasdaq
As we can see we might have a running flat or expanding flat pattern on the 1H frame.
The market is on a downtrend, we can wait for a confirmation of the figure, we will wait for a rejection of the canal that we have (Running Flat), if the market breaks that level we can wait for a reversal confirmations on lower time frames (Expanding Flat).
If the market closes the Gap we might look for a bullish trend.
This is not an signal call, it's just the way i see the market, wait for confirmations and let's see how the market will behave next week.
Good Luck.
The market is on a downtrend, we can wait for a confirmation of the figure, we will wait for a rejection of the canal that we have (Running Flat), if the market breaks that level we can wait for a reversal confirmations on lower time frames (Expanding Flat).
If the market closes the Gap we might look for a bullish trend.
This is not an signal call, it's just the way i see the market, wait for confirmations and let's see how the market will behave next week.
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.