cerealpatterns

weak bounce structure nasdaq futures (us100)

Short
cerealpatterns Updated   
if we continue lower on the 5-15 minute id be in favor of ditching this bounce as long as we keep closing below trend regularity adaptive moving average 66 (TRAMA) as we are coming off overbought stochastics and making a lower high in price
Trade closed: target reached:
i would close short if we keep closing above TRAMA

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.