Hi Guys
At this moment the US 100/ Nasdaq is in what could be a potentialzone to look for sell opportunities.
The low of the red box is the 1.27 retracement of the recent pullback and the high of the box is the 0.618 extension of the last impulsive move on daily time frame i.e 8/5 to 16/5 to 17/5.
Lower time frame entriesusing whatever method one chooses may present some nice risk to reward trades.
Safe trading all.
At this moment the US 100/ Nasdaq is in what could be a potentialzone to look for sell opportunities.
The low of the red box is the 1.27 retracement of the recent pullback and the high of the box is the 0.618 extension of the last impulsive move on daily time frame i.e 8/5 to 16/5 to 17/5.
Lower time frame entriesusing whatever method one chooses may present some nice risk to reward trades.
Safe trading all.