NASDAQ Potential sell setup
Actualizado
Hello traders,
Nasdaq is currently in a downtrend and we are looking for potential short positions. Price is respecting the downwards trend line and we will be looking for price to reach our sell zone and touch the trend line before looking for sell signals.
Our trading plan goes as follows;
TP1: Close 50% of position and move SL to Breakeven. Remaining position is 50% and risk free.
TP2: Close 25% of remaining position and move stop loss to TP1. Remaining position is 25% and profit is secured.
TP3: Full take profit is realised.
Good luck and Happy Trading!!
Nasdaq is currently in a downtrend and we are looking for potential short positions. Price is respecting the downwards trend line and we will be looking for price to reach our sell zone and touch the trend line before looking for sell signals.
Our trading plan goes as follows;
TP1: Close 50% of position and move SL to Breakeven. Remaining position is 50% and risk free.
TP2: Close 25% of remaining position and move stop loss to TP1. Remaining position is 25% and profit is secured.
TP3: Full take profit is realised.
Good luck and Happy Trading!!
Orden cancelada
Price broke above the descending trend line. We will be looking for a retest and then buying.
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