US Nas 100Short
NASDAQ INDEX Trading ideas 19/7/2020
Updated
Daily TF
19/7 Price has moved significantly away from the uptrend structure blue trendline which in theory, there will be a pullback to retest the trendline OR IF break the trendline, price could move the opposite side.
Current long term bias is to look into buying when price retraces back and making a new LH. UNTIL proven other wise.
H4 TF
Price made a LH on the H4 TF bbut couldn't break the previous low. Currently waiting to see what price will do for any reason to sell this strong uptrend market towards the blue trendline.
19/7 Price has moved significantly away from the uptrend structure blue trendline which in theory, there will be a pullback to retest the trendline OR IF break the trendline, price could move the opposite side.
Current long term bias is to look into buying when price retraces back and making a new LH. UNTIL proven other wise.
H4 TF
Price made a LH on the H4 TF bbut couldn't break the previous low. Currently waiting to see what price will do for any reason to sell this strong uptrend market towards the blue trendline.
Order cancelled
No confirmation, price did not break the low. Instead breaks the previous H4 resistance.
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