NAS100: Bearish Momentum Continues. Shorting the Strength.

NAS100ShortScalp1d ago4 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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