NASDAQ 100 HEAD AND SHOULDERS PATTERN

2 feb 2018

Looks like we have head and shoulders pattern in development which indicates trnd reversal and start bigger degree correction. Wait for clear breakout of necline of pattern to entry.

2 feb 2018

Nota

2 feb 2018

Trade attivo

2 feb 2018

Nota

If daily candle close below neckline e will have confirmation of bear trend

2 feb 2018

Nota

2 feb 2018

Nota

Wow what a fantastic price action.

First target almost reached.

I will keep trade for much longer if there won't be any change in structure.

5 feb 2018

Nota

First target reached.

I have not close any position as price action shows we will have further decline soon

5 feb 2018

Nota

5 feb 2018

Nota

I few days correction before next move

5 feb 2018

Trade chiuso: obiettivo raggiunto

5 feb 2018

Nota

I have closed only 2/3 of position and kept 1/3 to see how deep it might drop.

Fantastic trade and big winner !!!

15 feb 2018

Nota

15 feb 2018

Nota

Current price action I consider as a part of correction and I expect another drop.