Nasdaq100 preparing for short orders.
Nasdaq100 is set to keep up with its current bullish momentum which is set to test the supply zone(25626.00) formed prior to the change in market structure shift. Fair value gap will be filled whilst the market grabs the buy side liquidity. This signals a bearish movement with targets either 50% equilibrium of the previous price movement or the demand zone formed at the lower lows of the current market structure.
Bearish orders are to be placed at price 25626.00 with stop loss at 20903.00 with take profits as mentioned.
Bearish orders are to be placed at price 25626.00 with stop loss at 20903.00 with take profits as mentioned.
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