Signal_Centre
Short

NASDAQ - Selling a break

OANDA:NAS100USD   US Nas 100
Trade Idea

We have a Gap open at 7700 from 28/06 to 01/07.
The rally was sold and the dip bought resulting in mild net gains yesterday.
The overnight rally has been sold into and there is scope for further bearish pressure going into this morning.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
This has resulted in mixed signals and we prefer to trade a break.

We look to Sell a break of 7835
Stop: 7875
Target 1: 7750
Target 2: 7700

Updates
The move to 7835 triggered our short trade
Updated: 2019-07-05 13:43:17
Jul 05
Trade active: We have lowered stop to 7815
Jul 05
Trade closed manually: Traded to 7815 and closed for small profit
FREE Telegram Group - https://t.me/signalcentre
FREE Crypto Telegram Group - https://t.me/signalcentre_crypto
FREE Trade Ideas - https://bit.ly/2kcVwdt
FREE Education and Insights - https://signalcentre.com/insight/
I think the uptrend on higher time frames is weakening. Thanks for taking your time and sharing. 😎😀
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out