US100 15645.4 +0.4 % SHORT IDEA * PRICE ACTION & CONTINUATION
Updated
HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE NASDAQ INDEX .
* The index is trading in a ascending channel but seems the channel now consolidating in a descending channel within this ascending structure.
- Short term the index is currently entered a down trend as we had a (LL) break below on the 4h chart.
- There is a supply zone correlating with the 61.8% fib level to look out for on the index before we continue with the bears.
- Looking for SHORT entries on the INDEX this week should all the rules of the formation be met.
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE NASDAQ INDEX .
* The index is trading in a ascending channel but seems the channel now consolidating in a descending channel within this ascending structure.
- Short term the index is currently entered a down trend as we had a (LL) break below on the 4h chart.
- There is a supply zone correlating with the 61.8% fib level to look out for on the index before we continue with the bears.
- Looking for SHORT entries on the INDEX this week should all the rules of the formation be met.
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Order cancelled
BROKE Below of structure looking for continuation of this moveOrder cancelled
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