Nasdaq short: Hit Previous High and 2 Fib Ext Targets

24 Mar

As explained in the video, I have 3 hits that suggests that we have hit the peak for Nasdaq:
1. Hit previous high made on 20th March 2025.
2. Fibonacci Extension where wave 5 = 1.618x Wave 1.
3. Entire wave e = 2.618x Wave 1.

Important here is the stop loss of around 19978. This is a positional play, meaning to ride this position if it goes in our favor.

Good luck!

24 Mar

İşlem kapandı: durdurma seviyesi

Go back to the original idea to short at the top of the trendline, or to wait for a reversal pattern.