We wen't short on NASDAQ!
We see on the 4H chart a 3 higher-high pattern connected with a trendline, something we saw and traded back before the COVID market crash on the DAX and made a killing! - Today it's time to sell NASDAQ and capitalize on the potentially BIG sell move coming! (might be coming, this is a game of probabilities, not certainties)
Aside from the 3 higher highs we also have a rising wedge, or as we call it a contraction of price... following by a smaller contraction of price within the main contraction!
We see price dropping and we're already short!
We see on the 4H chart a 3 higher-high pattern connected with a trendline, something we saw and traded back before the COVID market crash on the DAX and made a killing! - Today it's time to sell NASDAQ and capitalize on the potentially BIG sell move coming! (might be coming, this is a game of probabilities, not certainties)
Aside from the 3 higher highs we also have a rising wedge, or as we call it a contraction of price... following by a smaller contraction of price within the main contraction!
We see price dropping and we're already short!
Comment:
We have locked all profits on NASDAQ sell
Trade closed: target reached:
Take profit #1 reached!