NAS100USD has been traveling in a Descending Triangle since its High created on July 19th followed by the 3 failed attempts to push higher!
Last week ended with STRONG BEARISH MOMENTUM nearly giving us our break of pattern confirmation at 14552.8. Since price closed INSIDE Support and not OUT, the potential for price to remain in pattern a little longer is there.
*Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS!
-Pattern Prediction-
*If price Breaks and Closes above the Falling Resistance, pattern INVALIDATED!
*If price Breaks and Closes below 1455.28, this will initiate my Trade Action Plan!
Last week ended with STRONG BEARISH MOMENTUM nearly giving us our break of pattern confirmation at 14552.8. Since price closed INSIDE Support and not OUT, the potential for price to remain in pattern a little longer is there.
*Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS!
-Pattern Prediction-
*If price Breaks and Closes above the Falling Resistance, pattern INVALIDATED!
*If price Breaks and Closes below 1455.28, this will initiate my Trade Action Plan!
Nota
We are Price giving us a solid break below Support!! Watch for a pullback to retest!!Dagangan aktif
Sell Entry @ 14550
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Penerbitan berkaitan
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.
For All Things Currency,
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Keep It Current,
With Novi Fibonacci!
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Penerbitan berkaitan
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.