PULEMokhothu

US100 14360.4 -0.53 % SHORT INTRA IDEA * CONTINUATION PATTERNS

Short
PULEMokhothu Updated   
CURRENCYCOM:US100   US 100
HEY EVERYONE

HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE,
A LOOK AT NASDAQ INDEX THIS WEEK SWING


* The index was trading in a DESCENDING channel NOW entered a range bound market, saw a beautiful double bottom looking for a retest of this structure before continuation to the upside.
- We finally at that zone which highly probable to become the reversal point as we saw a rejection at this level before.
- key to the set up will definitely be patience, as I am anticipating a formation of double bottoms even on higher time-frames which makes this one a high probability trade when going long.
- Looking for short entries on the INDEX short term this week should all the rules of the formation be met, overall long sentiments on the index.

BREAK BELOW & CLOSE WILL TRIGGER ON LOWER TIME FRAMES SEE BELOW..


lets see how it goes


IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRAD
Trade active:
BROKE ABOVE REACYIVELY LONG SET-UPS COME INTO PLAY


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