- I haven’t been posting trades lately but I’ve been trading - So here I will post a breakdown of the two Effortless trades I took on NAS100
⚡️Let me break it down⚡️
❗️❗️Reminder when trading NAS100❗️❗️ ▫️Use Pending orders ▫️Take Partial Profits ▫️Trail your Stops ▫️Minimum Risk to reward 1 : 3..NB. NAS can give you up to 1:10
First time frame was the Daily ♦️Downtrend confirmed by a lower low ♦️Price reached a Strong Resistance Area ♦️Strong downtrend structure
Second time frame was the 4 hour ♦️Supply Area on 4hr ♦️Several touches on the strong resistance level ♦️Lower low structure for downtrend
Third time frame was on the 1 hour ♦️Strong Bearish engulfing candle used for Entry ♦️Lower Lows made at a strong Resistance Level ♦️Weakening formation of candles as they approach the strong level
Hope you guys learnt a thing or two Kindly leave a like and tell me what you think about these trades and where NAS might be heading to next