Nasdaq 100 - Shorted
I am taking a short entry at 21,180. I know I have headwind since it's against the momentum. I have set my stop loss at 21,420 & target at 20,300 providing me a good RR. Risking 0.75% of Capital.
Equities are overvalued, especially tech. Im looking for a reversal from the upper Wedge pattern and for the price to fill-in the previous imbalances.