NASDAQ 100 (NDX) is overbought on multiple time frames, including daily charts. The multi month bullish trend feel exhaustion and nice short setups with good Reward to Risk ratio start to appear. This time shorting from US market open levels with Reward/Risk of 1.20.
Trade chiuso: obiettivo raggiunto:
Trade closed in profit with TP reached before the big breakout higher. That's why successful trading is about setting reasonable TP and SL and not some unrealistic expectations.