Short
US100 Short
Looks like a good Short opportunity on CURRENCYCOM:US100, 
NDX, NQ1!, 
QQQ
Tripple top + strong resistance from the sell zone + a break of the blue trend line.
Would like to see some retracement to 12400 to enter. Risk reward to this trade around 2.5
Entry: 12400
First Target: 12050
Final Target: 11850
Stop loss: 12650
I would like to see a green close above 12650 on a 2hr timeframe for the stop loss.
Please let me know your thoughts.
Thank you
NDX, NQ1!, QQQTripple top + strong resistance from the sell zone + a break of the blue trend line.
Would like to see some retracement to 12400 to enter. Risk reward to this trade around 2.5
Entry: 12400
First Target: 12050
Final Target: 11850
Stop loss: 12650
I would like to see a green close above 12650 on a 2hr timeframe for the stop loss.
Please let me know your thoughts.
Thank you
Order cancelled
We did not retrace to 12400 hence trade wasn't executed. Although, it would have been a good area to take first profits and shift the stop loss to the entry level if the trade was executed.
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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.