I'M BACK!! It's been a great Sell off on NAS, today I'm looking for another push down to the weekly trendline. My entry will be based on all the noted factors that I noticed earlier. I will enter the trades manually, no limits are set because I want to avoid any fakeouts/liquidity grabs. There should be scary reactions on either the Weekly breakpoint or Daily breakpoint, but if we break both of them then down we go!
Worst case scenario: I don't see a worst-case scenario on this one because there is a clear indication that we are still on a downtrend, unless price pushes up beyond 13400, then I'll look for other opportunities.
Trade safe guys, follow rexfx__ on IG.
Apply proper risk management, and beware of high volatility and liquidity grabs.
Worst case scenario: I don't see a worst-case scenario on this one because there is a clear indication that we are still on a downtrend, unless price pushes up beyond 13400, then I'll look for other opportunities.
Trade safe guys, follow rexfx__ on IG.
Apply proper risk management, and beware of high volatility and liquidity grabs.
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