VasilyTrader

Nasdaq-100 Index (US100) Short Trade Explained

Short
CAPITALCOM:US100   US 100

Nasdaq Index is approaching a key daily structure resistance.
The price has formed a descending triangle formation on that on 1H time frame.
Its neckline was broken, and an hourly candle closed below that, confirming a highly probable coming bearish movement.

Next support: 12000

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