usamaabrar22

NAS makes a new High, and is ready to dive!

Short
SKILLING:US100   US100 CFD
Fellas, NAS is in a sound Bullish trend and has just made a new High on 4h timeframe. There are three reasons I think the Index is gonna go down:

1. Bearish Divergence on RSI (Spans almost a month)
2. Formation of HH (DOW Higher High)
3. Candlesticks: Bearish Pin bar on 4hr timeframe, and Shooting Star on 1d timeframe

Entry: 17864
SL: 17968
TP: 17655

Note: Today is CPI day. Remember, the direction of the move is unpredictable, the market may move against this trade plan and make a new High. Take the trade as per your Risk Management plan.

~ All the Best
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