NASDAQ/NAS100/USTEC
Currently making a possible double bottom & lying on 0.5% level of fibonacci & Trend Support.
Should it be a buy?
Bigger TF are closing below trendline, however am still hesitating whether a double bottom formation is stronger OR trend breakouts.
However, you can have a Sell Stop placed 50 pips below the wicks and easily capture 600-900 Pips or a buy which I'm still concerned about. Will be looking at it's sentiment once the market is open, trade safe :)
Currently making a possible double bottom & lying on 0.5% level of fibonacci & Trend Support.
Should it be a buy?
Bigger TF are closing below trendline, however am still hesitating whether a double bottom formation is stronger OR trend breakouts.
However, you can have a Sell Stop placed 50 pips below the wicks and easily capture 600-900 Pips or a buy which I'm still concerned about. Will be looking at it's sentiment once the market is open, trade safe :)