Hello Traders :)
- I haven’t been posting trades lately but I’ve been trading
- So here I will post a breakdown of the two Effortless trades I took on NAS100
⚡️Let me break it down⚡️
❗️❗️Reminder when trading NAS100❗️❗️
▫️Use Pending orders
▫️Take Partial Profits
▫️Trail your Stops
▫️Minimum Risk to reward 1 : 3..NB. NAS can give you up to 1:10
First time frame was the Daily
♦️Downtrend confirmed by a lower low
♦️Price reached a Strong Resistance Area
♦️Strong downtrend structure

Second time frame was the 4 hour
♦️Supply Area on 4hr
♦️Several touches on the strong resistance level
♦️Lower low structure for downtrend

Third time frame was on the 1 hour
♦️Strong Bearish engulfing candle used for Entry
♦️Lower Lows made at a strong Resistance Level
♦️Weakening formation of candles as they approach the strong level

Hope you guys learnt a thing or two
Kindly leave a like and tell me what you think about these trades and where NAS might be heading to next
Stay Blessed!
Slick⚡️
- I haven’t been posting trades lately but I’ve been trading
- So here I will post a breakdown of the two Effortless trades I took on NAS100
⚡️Let me break it down⚡️
❗️❗️Reminder when trading NAS100❗️❗️
▫️Use Pending orders
▫️Take Partial Profits
▫️Trail your Stops
▫️Minimum Risk to reward 1 : 3..NB. NAS can give you up to 1:10
First time frame was the Daily
♦️Downtrend confirmed by a lower low
♦️Price reached a Strong Resistance Area
♦️Strong downtrend structure
Second time frame was the 4 hour
♦️Supply Area on 4hr
♦️Several touches on the strong resistance level
♦️Lower low structure for downtrend
Third time frame was on the 1 hour
♦️Strong Bearish engulfing candle used for Entry
♦️Lower Lows made at a strong Resistance Level
♦️Weakening formation of candles as they approach the strong level
Hope you guys learnt a thing or two
Kindly leave a like and tell me what you think about these trades and where NAS might be heading to next
Stay Blessed!
Slick⚡️
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.