Nasdaq100 What Now Episode 133

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Day 110. Hmm, another day in Nasdaq100 and the lady is still in the range but this time, with bearish signals. She dropped yesterday and a rejected high (double top) and now a Lh. Will the bears continue? I really can't tell. However, my bias is bearish till the High at 11580 breaks.

November:

A Daily Reminder:
avoid imbalances—HH and LLs or LH and HLs.

P.S: Strategy— structures, divergence & trends
Triggers— LHs & HLs

3 Rules:
a. one trade a day (always)
b. always know the current trend
c. only buy after HH breaks and sell after LL breaks

My disclaimer:
All biases are subject to change because according to the market, that's the only constant..
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!
Nota
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Day 110. First trade for the month. Took a while but went well. I guess the theme for this month is: Trust the process. Are the bears back? Guess we'll see..

November: 1W (1 trade)
Beyond Technical AnalysisChart Patternsnasdaq100Trend Analysis

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