Here is my outlook for today, yesterday Nas broke out of the box with a push downward, right now it looks like it's retesting and we might be heading down to the 11000 region.
On the lower timeframes look for rejection at the retest area and wait for confirmation to enter a short.
Let me know your thoughts and ideas, if you like this please give it a thumbs up and follow me for more trading ideas.
Use good risk management and have an amazing trading week!
On the lower timeframes look for rejection at the retest area and wait for confirmation to enter a short.
Let me know your thoughts and ideas, if you like this please give it a thumbs up and follow me for more trading ideas.
Use good risk management and have an amazing trading week!
Comment:
On the 15M chart wait for a push to the downside, it look to me like it is consolidating in a box, wait for a breakout to the downside and then enter.
Trade active:
Orders have been activated, let's see how it goes!