I wanted to share my thoughts on the latest shorting opportunity I've spotted on Nasdaq. It appears to be a Bearish Shark Pattern, with some unique differences from the previous ones we've seen.
Firstly, there is an additional entry price for the very same Bearish Shark Pattern. This makes it even more appealing to consider shorting. Secondly, the completion of this pattern is happening on the 1hourly chart, which means the movement could be more volatile.
In light of this, I have set my initial stop-loss to a further level at 14927.90 as I am aiming for a bigger target.
I would love to hear your thoughts on this development. Do you think this is a good opportunity for us to short Nasdaq once more? Please feel free to share your thoughts in the comments section.
Follow my only account @RaynLim
Firstly, there is an additional entry price for the very same Bearish Shark Pattern. This makes it even more appealing to consider shorting. Secondly, the completion of this pattern is happening on the 1hourly chart, which means the movement could be more volatile.
In light of this, I have set my initial stop-loss to a further level at 14927.90 as I am aiming for a bigger target.
I would love to hear your thoughts on this development. Do you think this is a good opportunity for us to short Nasdaq once more? Please feel free to share your thoughts in the comments section.
Follow my only account @RaynLim
액티브 트레이드:
Shift stops to entry. Risk-Free Trade Attained!!
As expected, market went to final entry level and head towards my target.
Checkout my post above
As expected, market went to final entry level and head towards my target.
Checkout my post above
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Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
