NAS100: Bearish Momentum Continues. Shorting the Strength.
NAS100ShortScalp1d ago3 views
Trade Setup
Entry Price
21455.00
Stop Loss
21583.00
Take Profit
21136.00
Risk : Reward
1 : 2.49
RiskReward
Market View
NAS100 is clearly bearish. Current price at 21429, down -0.33% in 24h. We've seen rejection from higher levels today, with 21535.5 acting as strong resistance. The trend is my friend here. Macro headwinds are keeping sellers active.
Scalp Setup
I'm looking to short NAS100 for a quick scalp. Entry at 21455. My Stop Loss is tight at 21583, just above the 21550 resistance. Target Profit is 21136. This move aligns with the prevailing bearish sentiment and aims for a break below the 21322.5 support. Watching closely.
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