NAS100: Riding the Bear Trend. Short setup identified.
NAS100ShortScalp1w ago4 views
Trade Setup
Entry Price
21434.00
Stop Loss
21618.00
Take Profit
20973.00
Risk : Reward
1 : 2.51
RiskReward
Market Outlook
NAS100 clearly bearish on the shorter timeframes. Down -0.48% in 24h, currently sitting at 21397.51. The day range, 21243.79 to 21551.24, highlights the consistent downside pressure. We're rejecting resistance around 21450-21500. Broader market sentiment remains cautious, adding to these macro headwinds. The trend is your friend.
Trade Execution
Looking for a short here. My entry at 21434 for a scalp
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