Indice Nasdaq 100Short
A BIG bearish signal has appeared in the NASDAQ
Aggiornato
🔴 A BIG bearish signal has appeared in the NASDAQ
Few days agoNDX reached new highs. Most people think the market is still in a strong bull trend, but be cautious because a rare but VERY important signal has appeared.
The market is creating a rising wedge. This kind of pattern usually appears at the END of trends and can be the first signal of a neutral or bearish market.
Reaching new highs was such a bull signal forNDX and also broke the chart pattern. But when the price come back to the pattern so quickly, this is usually a FALSE break and is what most people call BULL TRAP.
A BULL TRAP is thought to let people buy at a very high price and then be forced to sell later, helping the market to fall further.
✅ When will the BULL TRAP be confirmed?
The bull trap will be confirmed in 2 steps.
1. If the price loses the blue trendline, breaking the pattern to the other side, this is a FIRST ALERT that the market is no longer bullish.
2. Breaking the previous support level (red dotted line) is another confirmation of the trend change.
💰 How to trade this chart pattern?
Be ready to start shorting with tight stops at each confirmation. This could easily move the market to the $18,000 zone, where there is high volume and previous supports.
Translated to money:
1. Use tight stop loss of 2-3%
2. Use a take profits of aprox 10%.
The returns are 4 to 5 times the risk, so enjoy the journey while risking such a small percentage.
🛡️ The risk management strategy
As we have done in so many previous ideas, remember you can split the position in 2.
If 50% of your position seeks for a 2-3% take profits you could easily enter a risk-free trade with the other 50%, where the stop loss is paid by the first order and you can potentially win a 10% or more.
You can learn more in this
DLTR idea:
Few days ago
NDX reached new highs. Most people think the market is still in a strong bull trend, but be cautious because a rare but VERY important signal has appeared.The market is creating a rising wedge. This kind of pattern usually appears at the END of trends and can be the first signal of a neutral or bearish market.
Reaching new highs was such a bull signal for
NDX and also broke the chart pattern. But when the price come back to the pattern so quickly, this is usually a FALSE break and is what most people call BULL TRAP. A BULL TRAP is thought to let people buy at a very high price and then be forced to sell later, helping the market to fall further.
✅ When will the BULL TRAP be confirmed?
The bull trap will be confirmed in 2 steps.
1. If the price loses the blue trendline, breaking the pattern to the other side, this is a FIRST ALERT that the market is no longer bullish.
2. Breaking the previous support level (red dotted line) is another confirmation of the trend change.
💰 How to trade this chart pattern?
Be ready to start shorting with tight stops at each confirmation. This could easily move the market to the $18,000 zone, where there is high volume and previous supports.
Translated to money:
1. Use tight stop loss of 2-3%
2. Use a take profits of aprox 10%.
The returns are 4 to 5 times the risk, so enjoy the journey while risking such a small percentage.
🛡️ The risk management strategy
As we have done in so many previous ideas, remember you can split the position in 2.
If 50% of your position seeks for a 2-3% take profits you could easily enter a risk-free trade with the other 50%, where the stop loss is paid by the first order and you can potentially win a 10% or more.
You can learn more in this
DLTR idea:Trade attivo
Can't wait to see how the market behave this week!! Do you think we will see the market breaking down the pattern?Nota
We've experienced a bearish day in the Nasdaq, yet the blue trendline remains intact. We'll continue to wait for market uncertainties to dissipate, allowing us to capitalize on the situation.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.