NAS100: Range Rejection Play – Shorting the Top

NAS100ShortIntraday12h ago3 views

Trade Setup

Entry Price

21486.00

Stop Loss

21525.00

Take Profit

21388.00

Risk : Reward

1 : 2.51

RiskReward

The Setup


NAS100 is currently at 21478.21, stuck in a tight sideways trend. We've repeatedly seen strong resistance at 21510.9 hold firm today. Price is struggling to push higher from this range top. This is a textbook short opportunity off the highs. Simple is best.

The Trade


I'm taking

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