Lukegforex

UPDATE ON SHORTS FOR NASDAQ

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PEPPERSTONE:NAS100   US 100 Cash CFD
NASDAQ 1H - As you can see price has played out perfectly since the previous analysis that was sent out to you guys, we are wanting to see a continuation in bearishness now trading us down and into our TP target.

We may however see price come back up to correct itself and trade us into the OB I have gone ahead and marked out for us all. This could act as another point of interest and a place to enter in from.

This trade is currently running + 141 pips. (+ 2%) 2RR

Again a big well done to those of you who jumped in on this trade, I would keep the Sell Limit active for this one as we may see price come to correct itself and trade into our OB. Just remember to apply safety measures with the trade.

Any questions as always drop me a message or comment below and I will get back to you as soon as possible, remember the importance of managing trades as well as placing them!

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