Hey my friends:)
Currently watching NAS100 and deciding where to get in with some shorts. #13070 to #13100 marks as a key level. NAS100 reacted at this level several times. I am short biased seeing that NAS100 printed a double top. The pull up we have just witnessed should just be to retest the broken structure (neckline). I anticipate NAS100 to fall from there to the rising trendline below.
We will look for selling opportunity after clear confirmation between 13070-13100 zone.
If you find this idea helpful please be kind to leave a like. If you have anything to add or comment please make use of the comment section below.
Trade smart!
Currently watching NAS100 and deciding where to get in with some shorts. #13070 to #13100 marks as a key level. NAS100 reacted at this level several times. I am short biased seeing that NAS100 printed a double top. The pull up we have just witnessed should just be to retest the broken structure (neckline). I anticipate NAS100 to fall from there to the rising trendline below.
We will look for selling opportunity after clear confirmation between 13070-13100 zone.
If you find this idea helpful please be kind to leave a like. If you have anything to add or comment please make use of the comment section below.
Trade smart!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.