Hello TradingView
FUNDAMENTAL:
We're looking at a very strong bullish presence as money is being printed and more bonds are being bought for the US economy, not to mention the amount of Apple sales that's been happening.
TECHNICAL:
Haven't seen a 100% retracement yet ( our 8900 zones), so be wary if you're going to be entering at this time. It's respected trendline, but we know what US session is like, so be careful about the volatility of you're trading on 'lower' timeframes.
SIDENOTES:
Don't forget about volatility during US session, if we don't see a strong bullish presence we will see a very strong bearish. If we don't see a strong bearish we will see a strong bullish. However, keep a close eye on the 'US SESSION LINE'. We close above we're going up before the fall, we close below, we're falling immediately.
SETUP:
7.13 R:R
7130 pips
8899 ENTRY
8789 SL
9602 TP
Please note: I don't trade lower time frames, so 100-1000 pips aren't worth me looking at personally, NAS isn't an index to short unless you're going to sit at your computer for hours on end and watch the position for 4-16 hours. Never hold NAS longer than 16-24 hours in a short.