Singkat
US100 - SHORT TRADE PLAN
Market Instrument: US100
Timeframe: Multiple
Analysis: Technical
Structure: Ascending Channel with Breakout
Prediction: Bearish
It's clear NASDAQ is playing inside a very strong channel where the bullish trend kept laddering up since 23rd March 2021. This channel formation has followed a nice 5 impulses inside the boundaries where we are now on the 6th expecting to create a bearish breakout for a correction on this major bull rally. For now, the price is being supported strongly on the key level highlighted. If this key level gets breached by a bearish breakout the price will get weaken further, or if the price remains strongly supported above the key level we may see a rally to the upside with a bounce. For now, I am bearish-biased on this setup and waiting for the confirmation of a breakout on the lower boundary and key level as mentioned earlier. If the price follows as expected we may see a strong plunge in price towards 14500-13000 key support levels...
Timeframe: Multiple
Analysis: Technical
Structure: Ascending Channel with Breakout
Prediction: Bearish
It's clear NASDAQ is playing inside a very strong channel where the bullish trend kept laddering up since 23rd March 2021. This channel formation has followed a nice 5 impulses inside the boundaries where we are now on the 6th expecting to create a bearish breakout for a correction on this major bull rally. For now, the price is being supported strongly on the key level highlighted. If this key level gets breached by a bearish breakout the price will get weaken further, or if the price remains strongly supported above the key level we may see a rally to the upside with a bounce. For now, I am bearish-biased on this setup and waiting for the confirmation of a breakout on the lower boundary and key level as mentioned earlier. If the price follows as expected we may see a strong plunge in price towards 14500-13000 key support levels...
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.