Short

NASDAQ - Looking To Sell Pullbacks In The Short Term

By VladimirRibakov
H4 - Price is bouncing lower from a key resistance zone.

Bearish divergence.

Most recent uptrend line breakout.

H1 - Bearish convergence.

Currently it looks like a pullback is happening.

Until the key resistance zone holds I expect the price to move lower further after pullbacks.
bearishconvergencebearishdivergenceTechnical IndicatorskeyresistancezonelowerlowsMultiple Time Frame AnalysisNASDAQ 100 CFDnasdaqSELLTrend AnalysisTrend Line Breakus100
VladimirRibakov

Disclaimer