NAS100 Short
Be sure to check my other markups on Nas100
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Nas has reached our supply zone at the 13700 price level mentioned before where banks have previously taken profit. I am now looking for price to return to the demand zone .
On higher time frames, price is due for correction which is in line with this bias.
Rsi is showing overbought which can also be used as another sell bias. I really like this setup.
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Currently I am waiting on price to fall below 13730 to enter. My first take profit will be the indecision zone 13670~13650, which is in line with the golden zone of the fib retracement.
I will also take a second entry at the 61.8% as a continuation entry and ride it down to the demand zone per the trading plan.
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R:R is 5.6:1 on the overall move. If you wait to enter at the golden zone the ration is around 4.6:1 .
*Risk to reward ratios may vary due to different trading syles and plans.
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Please like and comment as you see fir. I am trying to build my reputation on tradingview!
Thank you
#WakeUpInProfit
-
Nas has reached our supply zone at the 13700 price level mentioned before where banks have previously taken profit. I am now looking for price to return to the demand zone .
On higher time frames, price is due for correction which is in line with this bias.
Rsi is showing overbought which can also be used as another sell bias. I really like this setup.
-
Currently I am waiting on price to fall below 13730 to enter. My first take profit will be the indecision zone 13670~13650, which is in line with the golden zone of the fib retracement.
I will also take a second entry at the 61.8% as a continuation entry and ride it down to the demand zone per the trading plan.
-
R:R is 5.6:1 on the overall move. If you wait to enter at the golden zone the ration is around 4.6:1 .
*Risk to reward ratios may vary due to different trading syles and plans.
-
Please like and comment as you see fir. I am trying to build my reputation on tradingview!
Thank you
#WakeUpInProfit
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.