Nas100short
NAS100 Short on Daily timeframeHey guys, Hope everyone enjoying the weekend.
i see possible fall on NAS100 If we break .236 Fib on Daily time frame. My target is longterm after a breakout we can expect further bearish pattern will be updating on this pair.
Stay tuned.
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NAS100 - Short Other than the fragile state of the current global economy, I am only using very basic analytical tools such as H&S, Double Top and Rising Wedge. These coupled with recent ATH's give me enough indication that the edge is in favour of a decline rather than another rally. NAS100 is a fickle beast so I could be way off, however it has been a while since I've posted so I thought I'd give it a crack. I haven't entered yet, however I have setup an alert for the top right shoulder, where I'll be watching closely to see if it's likely to make one last push towards 8,000, or if the drop will begin. If it does drop, I will wait for confirmation by way of break of the neckline and big red pin bar.
Appreciate all comments, feedback and varying opinions. Please make any criticisms as constructive as possible!
Thanks :)
i am selling nasdaq at 7713.00OANDA:NAS100USD I Have checked my index and finally came to conclusion that I am going to sell, looking at the 1D chart a formation of a bearish movement seems to be continuing, though there is a possible retest to the 7773.00 area, my final confirmation to this pair is to sell it and hope for the best until my target at 7465.20