NAS100 .. Expecting to move down

Yo traders,

With all the mixed messages about Trumps Covid situation the markets are in for a frenzy this week.

NAS looks like there is a possibility of forming a head and shoulders pattern. Price is presently at the 200 EMA and hence looks like to reject move up and then form the right shoulder to then move down.

Keep and Eye on NAS manage your risk and you can get in a good RR for this trade.

Lets wait and watch

Please like, comment and support

Thanks
Madtradex

Comentarios:

Price moved perfectly to presently form the top of the right shoulder
Lets see now if it breaks and falls from the present price

Comentarios:

Awesome to know when the price moves exactly as expected. Price moved up and then down to complete the right shoulder. Hope you caught the fall.
Price is presently correcting. I am expecting the price to move down further today once the market opens