NAS100 .. Expecting to move down

Yo Traders,

Last week i had analysed the NAS100 and expected it to moved down. As soon as the price broke through the wedge i was short on the pair with profits being taken at the support. The price moved exactly as expected with great RR.

Next week as you can see the price has now broken through the channel/support and presently retesting on the 1H TF.
Lets wait and watch if the price moves down and respects the new resistance.

Thanks
Madtradex

Komentarz:

trade going pretty well TP next support

Komentarz:

Trade update : Hope profits were taken early.
Presently correcting and at 61.8% Fib level from last swing. Lets see if it breaks trend and moves down eventually.