PULEMokhothu

US100 12750.3 + 3.32 % LSHORT IDEA * PRICE ACTION & STRUCTURE

שורט
CURRENCYCOM:US100   US 100
Hey everyone

A look at NASDAQ, hope you are having a good one.

* Nasdaq has been trading in a descending channel on the 4H CHART RESPECTING structure we saw a test of the base of structure and a push up
with the bulls into a bear flag, currently consolidating in this structure.
* Looking this structure to hold and see a continuation of the bearish move targeting FIB EXT 0.618

* follow your entry rules on entries
* significant moves with the bulls change the plan.
* TIGHT SL

lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.

HAPPY TRADING EVERYONE & LET YOUR WINS RUN...

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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE

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If this idea helps with your trading plan kindly leave a like definitely appreciate it.

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