No brainer trade on NASDAQ. 1W chart
NASDAQ looks very bad right now. Very nice opportunity to short the market.
Reasons
Strategy
R/R: 2.7 or 3.69
Entry: around 98.66
Stop loss: 106.18
Target 1: 78.05
Target 2: 70.79
Markets look pretty bad in my opinion and we MIGHT be due for a recession or a crash. Possibly a good time to take cash out stocks until we broke above all-time highs and found support there. Please take a look at my SP500 idea as well.
Reasons
- Second all-time high resistance retest.
- Stops taken above resistance.
- Bearish RSI divergence on 1W chart.
- Beautiful R/R trading opportunity.
Strategy
R/R: 2.7 or 3.69
Entry: around 98.66
Stop loss: 106.18
Target 1: 78.05
Target 2: 70.79
Markets look pretty bad in my opinion and we MIGHT be due for a recession or a crash. Possibly a good time to take cash out stocks until we broke above all-time highs and found support there. Please take a look at my SP500 idea as well.
Emir iptal
Closed at break even. Don't like the rejection and might short higher.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.