Long

US100 15712.4 + 0.54 % LONG IDEA * CONTINUATION PATTERNS & PRIC

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HELLO EVERYONE

HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S AN UPDATE ON THE NASDAQ INDEX AFTER THE CANCELATION OF THE FIRST SETUP .

Here we where on the first analysis.

https://www.tradingview.com/chart/US100/XQJsYoMn-US100-15645-4-0-4-SHORT-IDEA-PRICE-ACTION-CONTINUATION/

* The index was trading in a ascending channel but seems the channel consolidated in a descending channel within this ascending structure.
- Short term the index is currently entered the ascending channel on the 4h chart.
- There is a supply zone correlating with the 61.8% fib level to look out for on the index which will serve as the 1st target.
- Looking for SHORT entries on the INDEX this week should all the rules of the formation be met.
* looking for a retest of some sorts to confirm entries on the index.

lets see how it goes


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ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Trade ist aktiv
TARGET 1 SUCCESSFUL ABOUT TO TEST THE DEMAND ZONE
Anmerkung
*SUPPLY ZONE *
Trade geschlossen: Ziel wurde erreicht
Chart PatternscontinuationpatternsFibonacci ExtensionFibonacci RetracementTechnical Indicatorsnasdaqnasdaq100priceactionanalysispulemokhothuTrend Analysisus100

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