US Nas 100
Atualizado

NASDAQ: Potential Bearish Reversal - Short Setup

494
Thesis:

  • Geopolitical uncertainty (war) may trigger risk-off sentiment.
  • Sideways price action suggests distribution pattern forming.
  • Bearish divergence on higher timeframes indicates weakening momentum.
  • ABCD pattern supports a potential reversal from the distribution zone.


Entry:

  • Short below the distribution support level (yellow rectangle on your chart).


Stop Loss:

  • Above the distribution resistance level (yellow rectangle on your chart).


Target:

  • Open to interpretation based on your risk-reward profile, but consider key support levels below.


Risk Management:

  • Clearly define your risk tolerance and position size before entering the trade.


Notes:

  • This is a swing trade idea, so a longer time horizon may be required.
  • Keep an eye on news and economic data releases that could impact market sentiment.
  • Manage your trade actively and adjust your stops as needed.
Trade ativo
NAS 4.5 Down as per the Idea!!

Keep riding and trailing along!!

Aviso legal

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