Equity Markets Priming for the Big ShortsThis is the NAS100/USD at an extreme high value area at the Bigger Double Top reaching all-time Highs. This may be acting as a False Breakout with a lot of the Equity Markets shaping up in similar fashion. This Larger Reversal Structure here is giving me a great indication of a potential Shorting Opportunity for the week ahead. If this does shape up, i will be taking this position and looking to scale into the move on the way down.
Adopted Equity Markets a lot more recently with a lot of Volatility on Currency due to the worldly circumstances.
Nas100sell
SELL NAS100 - OPPORTUNITYLikes and comments if you want more trading setup. Thank you!
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The price seems to go up and
respect the up channel. But we
have a formed resistance.
What's the best decision?
I recommend you put sell limit
to 9435 in case it breaks resistance (SL9572)
If the price don't break the resistance
and go down, I recommend you put
sell stop at 9323 (SL 9426)
I'm going to do some update.
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NASDAQ respecting Support&Resistance with Trendlines 1hr(Sell)Congrats and our previous sell and buy..So now back to resistance once again..And now a short buy long sell seen... as long as resistance isnt broken then sell!..However we expecting a huge downfall soon on NASDAQ before NFP.. Note:- As long as neither Sup/Res is broken we keep taking advantage of the ranging.. Please comment and share your ideas too Thanks!